GMX Resources Extends Exchange Offer Again ($GMXR)

GMXR announced yesterday that they had

"received, as of 5:00 p.m., Eastern Time, on September 10, 2012 tenders from the holders of approximately $24.9 million in aggregate principal amount, or approximately 48%, of its outstanding 5.00% Senior Convertible Notes due 2013 and approximately $36.9 million in aggregate principal amount, or approximately 43%, of its outstanding 4.50% Senior Convertible Notes due 2015

[T]he Company has decided to modify the minimum tender condition to the exchange offers. Pursuant to the modified minimum tender condition, the Company's obligation to accept validly tendered and not validly withdrawn 2013 Notes is conditioned on holders of at least $22 million in aggregate principal amount of 2013 Notes having validly tendered

In connection with the modification of the minimum tender condition, GMXR has extended the 'Expiration Date' for the exchange offers to 5:00 p.m., Eastern Time, on Monday, September 17, 2012, unless further extended by the Company."

Since the previous announcement, an additional $100,000 in 2013 notes tendered, and it looks like no more 2015 notes tendered.