AI assistant
AUREKA LIMITED — Share Issue/Capital Change 2018
Feb 22, 2018
64352_rns_2018-02-22_2e08ace9-b0dc-47a7-bada-56f21afcf792.pdf
Share Issue/Capital Change
Open in viewerOpens in your device viewer
ASX Announcement N a v a r r e M i n e r a l s L i m i t e d ( N M L ) A S X A n n o u n c e m e n t P a g e | 23 February 20181
==> picture [180 x 709] intentionally omitted <==
----- Start of picture text ----- Navarre Minerals LimitedNavarre Minerals LimitedABN 66 125 140 105ABN 66 125 140 105ASX Code: NMLASX Code: NMLCorporate DetailsCorporate DetailsIssued capital:Issued capital:278.8M ordinary shares278.3M ordinary shares22M unlisted options18.3M unlisted optionsDirectors & Management:Directors & Management:Kevin WilsonKevin Wilson(Non-Executive Chairman)(Non-Executive Chairman)Geoff McDermottGeoff McDermott(Managing Director)(Managing Director)John DorwardJohn Dorward(Non-Executive Director)(Non-Executive Director)Colin NaylorColin Naylor(Non-Executive Director)(Non-Executive Director)Jane NosworthyJane Nosworthy(Company Secretary)(Company Secretary)Shane MeleShane Mele(Exploration Manager)(Exploration Manager)Contact DetailsContact DetailsGeoff McDermottGeoff McDermottManaging DirectorManaging DirectorNavarre Minerals LimitedNavarre Minerals Limited40 – 44 Wimmera Street40 – 44 Wimmera StreetStawell VIC 3380Stawell VIC 3380AustraliaAustraliaPO Box 385PO Box 385Stawell VIC 3380Stawell VIC 3380AustraliaAustraliaTel: +61 (0)3 5358 8625Tel: +61 (0)3 5358 8625Email: [email protected]Email: [email protected]Website: www.navarre.com.auWebsite: www.navarre.com.au----- End of picture text -----
Notification to optionholders of expiry of unlisted options
Navarre Minerals Limited ( ASX: NML ) advises that its unlisted options with an exercise price of $0.05 are due to expire on 31 March 2018. Holders of these options must exercise their options on or before that date, otherwise the options will expire.
Attached is a copy of the letter that will be sent to optionholders today as a notification of the expiry of their unlisted options on 31 March 2018. Each letter will be accompanied by a personalised exercise form.
– ENDS –
For further information, please visit www.navarre.com.au or contact:
Jane Nosworthy Company Secretary Navarre Minerals Limited
E: [email protected] T: +61 (0)3 5358 8625
Navarre Minerals Limited | ABN 66 125 140 105 Navarre Minerals Limited | ABN 66 125 140 105 40 - 44 Wimmera Street | PO Box 385 | Stawell VIC 3380 Australia 40 - 44 Wimmera Street | PO Box 385 | Stawell VIC 3380 Australia t +61 3 5358 8625 t +61 3 5358 8625 e [email protected] | w navarre.com.au e [email protected] | w navarre.com.au
23 February 2018
==> picture [96 x 52] intentionally omitted <==
Dear Option Holder
Your unlisted Navarre options are due to expire on 31 March 2018
At the date of this notice, you are the registered holder of unlisted options in Navarre Minerals Limited ( Navarre ) with an exercise price of 5 cents. These options are due to expire on 31 March 2018. Your options will expire unless they are exercised on or before that date. It is therefore important that you carefully read the following information and, if necessary, seek independent financial advice before deciding what action to take.
Actions you can take
The courses of action available to you, as a holder of options, are to:
-
exercise your options before 5.00pm (AEST) on 31 March 2018; or
-
do nothing (ie. allow your options to expire).
There is no obligation to exercise your options. However, if you do not exercise your options, they will expire at 5.00pm (AEST) on 31 March 2018 and your right to subscribe for fully paid ordinary shares in Navarre at 5 cents per share will lapse.
Number of options held & the amount due on exercise
The number of options held at the date of this notice and the amount due on any exercise of options is shown on the accompanying form entitled “Application for Shares on Exercise of Options”.
The exercise price of the options is 5 cents per option. You may exercise your options in full or in part. One fully paid ordinary share in Navarre will be issued for each option exercised.
In order to exercise your options, you must pay the full amount due on exercise either by BPAY or cheque. More information about payment is set out on the accompanying form. We encourage payment via BPAY if possible.
Share price information
The closing price of fully paid ordinary shares in Navarre (ASX: NML) on ASX on Thursday 22 February 2018, being the last trading day prior to the date of this notice, was 8.2 cents.
The highest price at which fully paid ordinary shares in Navarre have traded on ASX in the last three months preceding the date of this notice was 15 cents on 16 January 2018. The lowest price at which fully paid ordinary shares in Navarre have traded on ASX in the last three months preceding the date of this notice was 5.9 cents on 12 December 2017.
Exercising your options
To exercise your options, please follow the instructions on the accompanying “Application for Shares on Exercise of Options” form. You must return the completed form to Navarre’s share registry, Boardroom Pty Limited, together with payment of the full exercise price for the number of options that you wish to exercise.
The completed form and payment of the exercise price must be received by Navarre’s share registry no later than 5.00pm AEST on 31 March 2018. Please note that 31 March 2018 is a Saturday and is preceded by a public holiday on Friday 30 March 2018. If you intend to exercise your options, we recommend that your completed form and your payment for the exercise price are received by the share registry by no later than 5.00pm AEST on Thursday 29 March 2018.
If you have any questions about exercising your options, please contact Navarre by telephone on (03) 5358 8625 or by email at [email protected]. Alternatively, you can contact Navarre’s investor relations adviser, David Waterhouse of Waterhouse IR, by telephone on (03) 9670 5008 or by email at [email protected].
Yours sincerely
NAVARRE MINERALS LIMITED
==> picture [83 x 40] intentionally omitted <==
Jane Nosworthy Company Secretary
Navarre Minerals Limited | ABN 66 125 140 105 40 - 44 Wimmera Street | PO Box 385 | Stawell VIC 3380 Australia t +61 3 5358 8625
e [email protected] | w navarre.com.au