AXO aurox resources limited
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'option' held by axof if financing occurs, page-3

  1. rennis
    1,050 Posts.
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    14/08/09
    15:28
    Post #: 5510363
    The summarised conversion terms are on the back of the AXOG payment notice as I recall. They are also found on p 13 in the prospectus released to the ASX on 22/8/07.
    See
    http://asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=axo&timeframe=Y&year=2007

    See 'Redemption and Conversion' part of the table, part (iv), "Redemption by Noteholder to participate in Future Raising" and see what you think.

    I hold AXOG

    AXO Price at posting: 31.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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