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DIATREME RESOURCES LIMITED — Capital/Financing Update 2007
Oct 11, 2007
64787_rns_2007-10-11_77ff1ff2-c794-4e30-8896-d8f0aeb218cd.pdf
Capital/Financing Update
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DIATREME RESOURCES LIMITED
ABN 33 061 267 061
Level 2, 87 Wickham Terrace, Spring Hill, Qld, 4000 PO Box 10288 Brisbane Adelaide Street Queensland 4000
Telephone : 61 7 3832 5666 Facsimile : 61 7 3832 5300 Email : [email protected] Website : www.diatreme.com.au
ASX Code: DRX
Company Announcement Office Australian Stock Exchange Limited Level 4, 20 Bridge Street Sydney NSW 2000
12 October 2007
REVISED PRICING OF OPTIONS
As a result of the in specie distribution of shares in Xtreme Resources Limited, and pursuant to ASX Listing Rules requirements, the Company advises that the exercise price for all options on issue will reduce by an amount of three (3) cents per option.
The following revised option exercise pricing structure is effective 12 October 2007:
| Option Description | New exercisepriceper option |
|---|---|
| 25 cent 31 October 2007 options(listed “DRXO”) | 22 cents |
| 30 cent 30 September 2008 options | 27 cents |
| 50 cent 01 November 2007 options | 47 cents |
| 50 cent 30 June 2011 options | 47 cents |
| 50 cent 31 July2011 options | 47 cents |
Holders of “DRXO” options are reminded that the quotation of the options ends at the close of trading on 24 October 2007. A final notice to exercise those options was mailed on 3 october 2007 to all optionholders on the register at that time.
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Lawrie Litzow Corporate Secretary