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ASPIRE MINING LIMITED — Share Issue/Capital Change 2020
Jun 30, 2020
64354_rns_2020-06-30_815182c0-cff2-48e7-b0d8-dc301b84dcdc.pdf
Share Issue/Capital Change
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Aspire Mining Limited ABN: 46 122 417 243
Level 9, 182 St Georges Terrace Perth WA 6000 PO Box 1918 Subiaco WA 6904 Tel: (08) 9287 4555 ASX RELEASE Fax: (08) 9321 4914 Web: www.aspiremininglimited.com Email: [email protected]
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For Immediate Release – 1 July 2020
Cancellation of Performance Rights
Aspire Mining Limited (ASX:AKM) advises that 3,814,999 Performance Rights have been cancelled without vesting.
One tranche of Performance Rights issued on 9 May 2018 had a vesting milestone of a 30 day VWAP of the Company’s shares as traded on ASX at equal to or greater than A$0.30 by 30 June 2020. That has not occurred and 3,055,001 Performance Rights have been cancelled. In addition, 759,998 Shares have been cancelled on termination of employment.
The number of unquoted Performance Rights remaining on issue are:
| Number | |
|---|---|
| 2,003,332291,666 | Performance Rights issued to Directors on 9 May 2018Performance Rights issued to employees and qualifyingcontractors on 9 May 2018 |
Authorised for announcement by David Paull, Chairman
ENDS
For more information contact:
David Paull Non-Executive Chairman Aspire Mining Ltd +61 8 9287 4555
Aspire Mining Limited
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