If the financing is handled through the Canadian banking system in the "usual" way i.e. the normal dirty tricks way, once the deal is reasonably certain or actually struck and there are shares involved for handling the placement the stock is shorted and those profits are banked. Then when the financing is completed the short position is covered with the shares given for handling the transaction. It guarantees the banks a profit and keeps them out of the mining business (while hopefully wrecking it.)
Completely illegal but standard practice. I don't suspect this trick would be run on Tyhee as they are more than likely aware of it but....
That's why many companies try to get financing from truly independent investors.
P.