proposed merger with goldsborough

Hopefully the merger will take place on fair terms for OXX.
Goldsborough had a capital raising in 2009 to provide funds for Cornea and Braveheart.They were to apply for listing on the Newcastle Stock Exchange but I don't see them among the current listings.Goldsborough were to issue 33 million shares so their issued capital may be 55 million shares.
Terms of the issue were
"
Offer Information Statement for a non-renounceable
entitlements issue to Applicants of 33,096,942 Shares at
an Issue Price of $0.10 (10 cents) each (?Shares?)
based on three (3) Shares for every two (2) ordinary
shares in the Company on issue at the Record
Date to raise $3,309,694 (?the Offer?).
Every Share subscribed for under the Offer
will have an accompanying free option to
acquire an ordinary share in the Company
at an exercise price of $0.10 (10 cents)
and exercisable at any time up to 30
June 2010 (?Options?).
Every Option exercised will have an
accompanying free option to acquire
an ordinary share in the Company at
an exercise price of $0.25 (25 cents)
exercisable at any time up to 30 June 2015
(?Contingent Options?).
The Offer is fully underwritten by Great Missenden
Holdings Pty Ltd.
Any investment in the Company?s shares should be considered speculative."

from
http://goldsboroughlimited.com.au/pdf/Goldsborough-Annual-Report.pdf