Antilles Gold Limited announced plans to raise up to $1.0 million in working capital. The company intends to issue up to 250 million shares priced at $0.004 each and grant up to 125 million free AAUO options. This move is designed to provide essential funding for covering overheads and supporting advances to the mining joint venture in Cuba for the next four to six months. The capital raise comes at a time when the company has significantly reduced its cash burn, and its operational focus remains on securing financing for the development-ready Nueva Sabana copper-gold mine. By utilizing its existing placement capacity, Antilles Gold Limited aims to minimize dilution while providing the financial backing necessary to progress its mining projects in the near term. From a bullish perspective, the injection of working capital underscores the company’s commitment to advancing its development projects and stabilizing its cash flow, which could be viewed as a positive signal for investors. On the bearish side, however, the planned issuance of a substantial number of shares may raise concerns about potential dilution, which could impact existing shareholders' value if the anticipated project financing and revenue growth do not materialize as planned.