A little more detail in private placement news releases would be appreciated. Some honesty, too:
…the proceeds of the Offering will be used for exploration and general working capital purposes. By “exploration”, we refer to your money being used in order that humanity might add to its knowledge of geological anomalies. By “general working capital purposes”, we refer to how our CEO is fed up with traveling coach class. And the hookers and blow, obviously. This is Vancouver, after all.