I doubt that you will have any news before the "bought deal" closes unless the news is very bullish. Bullish drilling news would enable the institutions to easily raise the $25 million and exercise their option to sell additional shares at C$.70. Meanwhile, while there is no news during this "bought deal" time frame - "the quiet periord" - a period with company comentary being restricted, institutions will continue to manipulate VIT's share price within a limited price range to support the "bought deal".