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CENTAURUS METALS LIMITED — Share Issue/Capital Change 2019
Mar 4, 2019
64715_rns_2019-03-04_69581005-ee48-4b96-b894-629616e04eb3.pdf
Share Issue/Capital Change
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AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT
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5 March 2019
CANCELLATION OF UNLISTED OPTIONS
Centaurus Metals Limited (ASX: CTM) advises that the following unlisted options over its fully paid ordinary shares have been cancelled:
| Number | Exercise Price | Expiry Date |
|---|---|---|
| 3,500,000 | $0.015 | 31 May 2022 |
The Company’s capital structure after cancellation 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 ofshares underoption |
|---|---|---|---|---|---|
| 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 | ‐ | 33,500,000 | ‐ | 33,500,000 |
| 31/01/2020 | $0.015 | ‐ | ‐ | 167,500,000 | 167,500,000 |
| Total | 54,000,000 | 33,500,000 | 167,500,000 | 255,000,000 |
Performance Rights
The following Performance Rights were issued on 5 September 2017 and are held by Terrativa Minerais SA under the terms of the Company’s Agreement with Terrativa signed in December 2016 in relation to the acquisition of 100% of the Para Exploration Package in Brazil.
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.