Ann: MXR Rights Issue - Closing Date Extended , page-2

lol

the reason given for the extension of the rights issue, was a joke.

the prospectus/entitlement form was mailed out on dec 28. after allowing for the holiday period, it is hardly likely that any shareholders had made any phone calls to the company, complaining that they had not received the forms by jan1 .

who knows, but maybe the company paid the non priority rate???.

anyway, $1m will be more than enough to pay for a few holes, and the associated director fees - and then allow for another capital raising, in a few months time.

silly watso - he almost forgot, but selheim is up for sale - so maybe the company will pick up $10,000 for the sale of selheim