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Message: Re: We are SO screwed - I don't think so !

are these a new issue of options at $.28, how many ? Please post the news release.

Last month they extended the expiration date of the $.45 warrants:

WINNIPEG, MANITOBA--(Marketwire - July 18, 2012) -

THIS PRESS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES.

Dale Ginn, CEO of SGX Resources Inc. ("SGX") (TSX VENTURE:SXR.V - News), announced today that SGX has received approval from the TSX Venture Exchange to extend the maturity date of its outstanding common share purchase warrants (the "Warrants") issued on December 30, 2010 pursuant to a private placement offering. The TSX Venture Exchange has approved the extension of the maturity date of the Warrants from July 20, 2012 to December 31, 2012. None of the other terms of the Warrants have changed. SGX will send a notice to all holders of Warrants notifying them of the extension to the term of the Warrants.

There are currently 3,817,845 Warrants issued and outstanding. Each Warrant now entitles the holder to purchase one common share of SGX at a price of $0.45 per share until December 31, 2012.

For further information visit http://www.sgxresources.com.

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