efe minimum subscription reached, page-5

Re stagging of EFE. Don't forget that EFE is offering loyalty options.

From the Chairman's letter: "Furthermore, all shareholders who have remained on the Eastern Iron register from the date of listing of Eastern Iron shares on the ASX to a date to be set by the Board, approximately four months after Eastern Iron commences trading on ASX (details set out in Prospectus) will be offered an entitlement to one Option for every two Eastern Iron shares held. The Options will be issued at 1c each with an exercise price of 25 cents and an expiry date of 19 December 2010."

DYOR