PXG phoenix gold limited

underwriting agreement, page-26

  1. 14,533 Posts.
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    From my understanding Patto's will only underwrite any remaining unexercised PXGO's( 35.9mill) at the expiry date an for everyone receive a 5% discount..?
    So if the current holders of the PXGO exercise their total amount Patto get nothing?
 
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