running out of sellers, page-11

This is from the company release on the 23rd December

SOUTH BOULDER MINES LIMITED
ABN 56 097 904 302
OFFER DOCUMENT
For the offer of a non-renounceable pro rata rights issue of approximately 19,347,138 New Shares on the basis of 1 New Share for every 5 Shares held on the Record Date at an issue price of $0.55 per New Share to raise approximately $10,640,926.