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IGL has 23.1 million ordinary shares and 8.15
million options on issue.
A major private equity fundraising was closed
on February 15th 2006, for total proceeds of
A$5.15 million. The management of this fundraising
was undertaken by the IGL Directors and some
of its key shareholders and as such no fees were
payable to third parties.
Cash on hand is being used to complete the second
round exploration drill programme at Bhukia and
to continue with the extensive soil and stream
sediment sampling over the granted tenements.
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