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DGR GLOBAL LIMITED — Board/Management Information 2007
Oct 11, 2007
64771_rns_2007-10-11_4e38ad75-cc09-4c2d-9e68-a8c55f2502c0.pdf
Board/Management Information
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ASX Announcement
12 October 2007
Director Options
The board of D’Aguilar Gold Limited (ASX: DGR) has resolved to issue the following options to directors of the Company:
| Director | Number ofoptions |
|---|---|
| Nicholas Mather (CEO)Ian Levy (non‐executive Chairman)Brian Moller (non‐executive Director)Vincent Mascolo (non‐executive Director) | 2,000,000500,000500,000500,000 |
| 3,500,000 |
The options will have an exercise price of $0.275 each and exercisable on or before 30 June 2011.
In determining the exercise price of the options, the board had regard for the Volume Weighted Average Price (VWAP) of the Company’s shares over the last one month of $0.2366.
The issue of the options is subject to shareholder approval, which will be sought at the Company’s upcoming Annual General Meeting. Further details of the proposed option issue will be provided in the AGM meeting materials, to be sent to shareholder shortly, as required by the ASIC and the ASX.
On behalf of the board, D P Cornish Company Secretary
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