Ann: Todd River to Undertake Capital Raising of up to $4.2M, page-6

As I read it, the 8c offer requires acceptance at the AGM so will not open before then, or if it does open earlier would not close until after the AGM in case it is not passed and requires a refund of acceptance monies.

It is a 1 for 2 held offer so anyone not in now could buy in and be eligible for the 8c shares when the offer opens. Since it closed at 8c Monday, there does not seem to be much incentive to buy up so as to be able to participate at 8c, which is a shame since the Mt Hardy asset alone is, in my opinion, likely worth a lot more that 8c by itself - and then there are all the other prospective areas.