February 9, 2010
Pink OTC Markets News Services
North Kansas City, MO –
On February 8, 2010, the offer of Maxus Realty Trust, Inc. (“MRTI”) to repurchase shares of its common stock at an offer price of $10.00 per share expired. 158,405 shares were tendered by MRTI shareholders prior to expiration of the offer. On February 9, 2010, the Board of Trustees of MRTI increased the maximum number of shares that could be repurchased from 150,000 shares to 158,405 shares to allow MRTI to accept and repurchase all shares tendered prior to expiration of the offer.
MRTI intends to promptly submit payment for the tendered shares to MRTI’s stock transfer agent, and MRTI’s stock transfer agent will distribute the purchase price to the tendering shareholders.