MXR 3.45% 3.0¢ maximus resources limited

OK, So i have accumulated approx 100,000 more since the initial...

  1. 4 Posts.
    OK, So i have accumulated approx 100,000 more since the initial MXROA so these will qualify? This is where I am confused. The letter Ive stated below indicates that I need to exercise the current MXROA. Problem has been I have just got out of hospital and sorted all my mail out to shock and horror! So seeing as its really too late to exercise them Im trying to clarify my options. (i.e I can offload 5000, to qualify for 30,000)

    "The Bonus Options will be issued at no cost. The Bonus Options will have an exercise price
    of 20 cents and an expiry date of 30 June 2009. Maximus will apply to the Australian
    Securities Exchange for the quotation of these Bonus Options.
    As an existing MXROA (expiring 30 June 2009) Option holder you are not entitled to
    participate and receive the free Bonus Option in accordance with the terms of the issue of
    Maximus Options. You may only participate in the Bonus Option Issue if your existing
    MXROA Options have been exercised before the Record Date (18 July 2008) for
    determining entitlements to the Bonus Option Issue.
    If you wish to participate in the Bonus Option Issue, you need to exercise your Option by
    sending a completed exercise form and payment to the Company’s share registrar,
    Computershare, in time to be on the register by the record date.
    Please note Option exercise forms and payment will need to be received by 5.00 pm
    Adelaide Time on Friday, 11 July 2008 to enable existing Options to be exercised and
    Shares to be allotted before the record date.
    On behalf of the Board I encourage you to consider exercising your existing Option which
    will allow you to participate in the free Bonus Option Issue."

 
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