Following is the explanation to your query: The MD&A is required to contain information up to the date of the circular – current.  The quarterly financial sections contain information at the end of the reporting quarter.  The financial statements contain information at the end of the quarter. Further, we do not issue a news release to announce the filing of a document on SEDAR and it is not required. Likewise, we sell Champion shares from time to time as per the ordinary course of business. We will use the proceeds for various initiatives of the company including the Titanium strategy, exploration activities outside Quebec and other new initiatives.