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CENTAURUS METALS LIMITED — Share Issue/Capital Change 2018
Aug 30, 2018
64715_rns_2018-08-30_c46b728f-7665-46c2-9067-d4c2ab9c9832.pdf
Share Issue/Capital Change
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AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT
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31 August 2018
EXPIRY OF UNLISTED OPTIONS
Centaurus Metals Limited (ASX: CTM) advises that the following unlisted options over its fully paid ordinary shares were not exercised prior to their expiry date and have now expired:
| Number | Exercise Price | Expiry Date |
|---|---|---|
| 2,000,000 | $0.125 | 31 August 2018 |
The Company’s capital structure after expiry of the abovementioned options is now as follows:
Quoted Securities
| Security | Number |
|---|---|
| Fully paid ordinary shares (CTM) | 2,304,982,165 |
| Listed options, exercise price $0.01, expiry date 31 August 2019 (CTMOB) | 623,049,575 |
Unquoted Options
| Expiry date | Exerciseprice | Employee Options | Employee Options | Options | Total number of shares under option |
|---|---|---|---|---|---|
| Vested | Unvested | ||||
| 10/06/2019 | $0.0082 | 8,500,000 | ‐ | ‐ | 8,500,000 |
| 10/06/2020 | $0.0082 | 8,500,000 | ‐ | ‐ | 8,500,000 |
| 31/05/2020 | $0.013 | 18,500,000 | ‐ | ‐ | 18,500,000 |
| 31/05/2021 | $0.014 | 18,500,000 | ‐ | ‐ | 18,500,000 |
| 31/05/2022 | $0.015 | ‐ | 37,000,000 | ‐ | 37,000,000 |
| 31/01/2020 | $0.015 | ‐ | ‐ | 167,500,000 | 167,500,000 |
| Total | 54,000,000 | 37,000,000 | 167,500,000 | 258,500,000 |
Performance Rights
The following Performance Rights were issued to Terrativa Minerais SA under the terms of the Company’s Agreement with Terrativa Minerais SA as announced on 5 October 2016 in relation to the the right to acquire 100% of the Para Exploration Package in Brazil by undertaking R$2.5 million (~A$1 million) of expenditure within two years of execution of the Agreement.
Each tranche of Performance Rights will be converted into Ordinary Shares upon the achievement in full of the following vesting conditions:
Australian Office Brazilian Office ASX: CTM Centaurus Metals Limited Centaurus Brasil Mineração Ltda ACN 009 468 099 Level 3, 10 Outram St Avenida Barão Homem de Melo, 4391 [email protected] WEST PERTH WA 6005 Salas 606 e 607 ‐ Estoril Telephone: +61 8 6424 8420 Belo Horizonte ‐ MG ‐ CEP: 30.494.275 BRAZIL
AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT & MEDIA RELEASE
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Tranche A – 30,000,000 Performance Rights will be converted into Ordinary Shares if, within a period of 5 years after the date of issue of the Performance Rights, a JORC‐compliant Inferred Resource of 500,000oz of gold or gold equivalent is defined on the Pará Exploration Package Project tenements;
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Tranche B – 30,000,000 Performance Rights will be converted into Ordinary Shares if, within a period of 5 years after the date of issue of the Performance Rights, a JORC‐compliant Inferred Resource of 1,000,000oz of gold or gold equivalent is defined on the Pará Exploration Package Project tenements;
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Tranche C – 30,000,000 Performance Rights will be converted into Ordinary Shares if, within a period of 5 years after the date of issue of the Performance Rights, a JORC‐compliant Inferred Resource of 1,500,000oz of gold or gold equivalent is defined on the Pará Exploration Package Project tenements.