Chris Frostad PresIdent and CEO.I think i will trust that the CEO knows how much in the kitty there is, and Saskatchewan is the best place for mining now in the world imo , the money that is raised is 100% tax refundable to the lender so it can be raised at a higher price. i bet the the money they raise will be at a lot higher that the share price. PS, and ALL of it will be for DRILLING.