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CENTAURUS METALS LIMITED Capital/Financing Update 2004
64715_rns_2004-10-05_19a51bf8-5cd8-44da-88e7-d39defeeb440.pdf
Capital/Financing Update
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6 October 2004
Manager Company Announcements Company Announcements Office Australian Stock Exchange Limited Level 10, 20 Bond Street SYDNEY NSW 2000
Dear Sir/Madam
ANNOUNCEMENT EMPLOYEE INCENTIVE SCHEME - GRANT OF OPTIONS
The directors of Glengarry Resources Limited announce that in accordance with the terms of the company's Employee Incentive Scheme the following securities have been granted:
| Description: | Options |
|---|---|
| Terms: | Exercisable at 5 cents per ordinary share fully paid |
| Quantity: | 500,000 |
| Date of issue: | 6 October 2004 |
| Exercise date: | 1 September 2005 |
| Consideration: | No consideration |
| Listing: | Unlisted options |
| Description: | Options |
| Terms: | Exercisable at the greater of 10 cents per share or 80% of market value calculated in accordance with the terms and conditions of the Scheme |
| Quantity: | 500,000 |
| Date of issue: | 6 October 2004 |
| Exercise date: | 1 September 2006 |
| Consideration: | No consideration |
| Listing: | Unlisted options |
GLENGARRY RESOURCES LIMITED ABN 40 009 468 099 PRINCIPAL OFFICE Telephone: (08) 9322 4929 Facsimile: (08) 9322 5510 PO Box 975, West Perth, WA 6872 35 Havelock Street, West Perth, WA 6005 Website: www.glengarrynl.com.au Email: [email protected]
| Description: | Options |
|---|---|
| Terms: | Exercisable at the greater of 15 cents per share or 80% of market value calculated in accordance with the terms and conditions of the Scheme |
| Quantity: | 500,000 |
| Date of issue: | 6 October 2004 |
| Exercise date: | 1 September 2007 |
| Consideration: | No consideration |
| Listing: | Unlisted options |
Yours faithfully
Charis
Allan T Harris Company Secretary