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CENTAURUS METALS LIMITED — Share Issue/Capital Change 2006
Apr 27, 2006
64715_rns_2006-04-27_4e95e3b5-2597-4435-af25-948dd0832524.pdf
Share Issue/Capital Change
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28 April 2006
Company Announcements office Australian Stock Exchange 20 Bridge Street SYDNEY NSW 2000
By electronic lodgment
Dear Sir
Issue of Options Under Employee Share Option Plan
The Board of Directors of Glengarry Resources Limited wish to announce that it has been resolved to offer a total of 4.750,000 options to acquire ordinary shares to the Managing Director, employees and officers of the company under the Glengarry Resources Limited Employee Share Option Scheme.
Principal terms of the options are as follows:
1,450,000 exercisable at 11 cents and expiring 6 April 2011, vested immediately 1,100,000 exercisable at 13 cents and expiring 6 April 2011, vesting 6 April 2007 2,200,000 exercisable at 15 cents and expiring 6 April 2011, vesting 6 April 2008
G L E N
GARRY
Options to be issued to the Managing Director, Mr David Richards, will be subject to shareholder approval, and are as follows:
500,000 exercisable at 11 cents and expiring 6 April 2011, vested immediately 500,000 exercisable at 13 cents and expiring 6 April 2011, vesting 6 April 2007 1,000,000 exercisable at 15 cents and expiring 6 April 2011, vesting 6 April 2008
A meeting will be convened shortly, and a Notice of Meeting will be forwarded to shareholders.
The options will be allotted subsequent to the General Meeting.
Yours faithfully GLENGARRY RESOURCES LIMITED
Ms Janelle Burns Joint Company Secretary
GLENGARRY RESOURCES LIMITED ABN 40 009 468 099 Telephone: (08) 9322 4929 Facsimile: (08) 9322 5510 PO Box 975, West Perth, WA 6872 35 Havelock Street, West Perth, WA 6005 Website: www.glengarrvnl.com.au Email: [email protected]