Such is life as a junior exploreco. on the Venture Exchange.
Consolidate your shares 50% from 23,600,000 to 11,800,000; and then a couple weeks after that 1:2 consolidation, increase your float by 51% with the placement of 6,000,000 shares (not incl. warrants). At any rate, should they complete the financing as is, it provides them with a lifeline for some limited work over the next short while. Hopefully that work is successful enough to provide a catalyst for the sp, so the next financing in a few months time will be more favourable with far less dilution.
Have a great weekend.