The Company intends to use the net proceeds from the Offering to repay its indebtedness, including certain amounts owing under its amended and restated credit and guarantee agreement dated July 14, 2017 between the Company (as borrower) and 2265866 Ontario Inc., Lithium Nevada and KV Project LLC (as guarantors), BCP Innovation PTE. Ltd. (an affiliate of Bangchak Public Company Ltd.) and Ganfeng Lithium Co. Ltd. (as lenders), BNY Trust Company of Canada (as the administrative agent for the lenders) and The Bank of New York Mellon (as the U.S. Collateral Agent for the lenders), and for general corporate purposes. Yes its like a big clean up.