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CENTAURUS METALS LIMITED — Capital/Financing Update 2004
Mar 7, 2004
64715_rns_2004-03-07_aba4617f-fe93-44f2-9b3d-ad8a7f3ac918.pdf
Capital/Financing Update
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GLENG ARRY
8 March 2004
Manager Company Announcements Company Announcements Office Australian Stock Exchange Limited Level 10, 20 Bond Street SYDNEY NSW 2000
Dear Sirs
ANNOUNCEMENT EMPLOYEE INCENTIVE SCHEME - ISSUE 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 issued:
| Description: | Options |
|---|---|
| Terms: | Exercisable at 5 cents per ordinary share fully paid |
| Quantity: | 600,000 |
| Date of issue: | 8 March 2004 |
| Exercise date: | 8 March 2006 |
| 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: | 8 March 2004 |
| Exercise date: | 18 February 2005 |
| Consideration: | No consideration |
| Listing: | Unlisted options |
| Special conditions: | Issue of shares is subject to shareholder approval |
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: | 8 March 2004 |
| Exercise date: | 18 February 2006 |
| Consideration: | No consideration |
| Listing: | Unlisted options |
| Special conditions: | Issue of shares is subject to shareholder approval |
Yours faithfully
David Richards Managing Director
GLENGARRY RESOURCES LIMITED ABN 40 009 468 099 PRINCIPAL OFFICE QUEENSLAND OFFICE Telephone: (07) 4772 5880 Facsimile: (07) 4772 4999 Telephone: (08) 9322 4929 Facsimile: (08) 9322 5510 PO Box 975, West Perth, WA 6872 PO Box 908 Castletown, QLD 4812 35 Havelock Street, West Perth, WA 6005 68 Railway Avenue, Railway Estate, QLD 4810 Website: www.glengarrynl.com.au Email: [email protected]