terms of the agreement?, page-21

I figure that it's now 4pm in Brisbane, and I'm expecting that like most other places, business closes at 5pm..
Sorry to see this going down to the wire once again, which it is.
If we don't get an announcement in the next hour, would I be correct in assuming the agreement is a non event..





Mr Robert Rivero, the principal in the transaction, is based in Manila, Philippines along with his
associates and legal advisers. As you may have read in other media reports, Manila was struck
by Cyclone Mirinae on Friday which reportedly caused widespread damage. This, combined
with the bank holiday in Manila on Monday has delayed the processes necessary to complete
the first equity tranche.
Given these circumstances Metal Storm did not receive the first equity tranche of USD1.925
million yesterday and has agreed to extend settlement of the first equity tranche to close of
business on Friday, 6 November 2009.