I asked because I thought someone here might know where it stood.

Thanks for the reply.

From the March 31 NR it had said:

"The offering is scheduled to close on or about April 9, 2008 and is subject to certain conditions including, but not limited to, receipt of all required regulatory approvals."

Later on April 4th NR another mention:

"Documentation for the recently announced financing is in the final stages of preparation to enable registration and funding. The term has been increased to 18 months from 12 months with a further grace period of 60 days providing certain reasonable conditions are met; the amount of the loan has been increased to $30,000,000 from $25,000,000. The change in terms gives the Corporation many months of latitude to repay the loan should unforeseen events disrupt the Corporation's ability to repay the loan on time such as force majure at the smelter, acts of God, strikes etc."