Email 2 from the company there was no Note Converting and they said how the $2M+ cash went: The CDEL is a market maker in the USA, there are no notes that are being converted in the USA.
The news usually get released at 6:00 am pre market.
The $2.4 M was used for exploration and operation of the company, you need to go through the financial statements and read them completely.
There will be more news from the management in the future.
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