Why does it seem odd? It's exactly what they said they were...

Why does it seem odd? It's exactly what they said they were doing. I assume you missed out?

"The SPP is intended to raise approximately $600,000 and is partly underwritten to $290,000 by Patersons Securities Ltd. The Company reserves the right to scale back the maximum participation amount per shareholder if the total demand exceeds $600,000 and notes that allocation of shares will be on a “first-come, first-served basis”"