EXG 0.00% 3.5¢ excelsior gold limited

Ann: Extension of Rights Issue Closing Date-EXG.AX, page-2

  1. 381 Posts.
    lightbulb Created with Sketch. 17
    The Company is also reviewing interest from other parties to potentially underwrite the remaining
    $2.84 million of the rights issue, which is not already underwritten.

    Hmmmm, I wonder why? Could it because no one is stupid enough to throw good money after bad with this ridiculously poorly run excuse for a gold mining company?

    But this is the best part
    Excelsior Gold Limited (ASX: EXG) (“the Company”) refers to its prospectus dated 13 July 2016
    (Prospectus) and wishes to advise that at the request of shareholders it has extended the closing
    date under its Prospectus until 5:00pm (WST) on Tuesday 9 August 2016 due to delays in postage
    services.
    HaHaHa, how stupid do they think we are? I'm pretty sure Aust. post aren't that bad guys. Surely you could've come up with a better excuse than that lol. (and I never use LOL unless something actually makes me do it, and this was a ripper)
    Good luck with finding another major investor to underwrite in this piece of sh*t.
 
watchlist Created with Sketch. Add EXG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.