AI assistant
DREADNOUGHT RESOURCES LTD — Capital/Financing Update 2019
Dec 17, 2019
64785_rns_2019-12-17_25991bb4-953c-422a-9183-46839aa5d1fd.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [149 x 85] intentionally omitted <==
18 December 2019
CANCELLATION OF UNLISTED OPTIONS
Dreadnought Resources Limited (ASX: DRE) advises that the following unlisted employee options have been cancelled for no consideration in accordance with listing rule 6.23.2:
30,00,000 Options to Dean Tuck exercisable at $0.005 on or before 30 April 2021.
The capital structure of the Company following the cancellation in options is:
Quoted Securities:
1,709,196,639 ordinary shares (ASX: DRE) Unquoted Securities:
50,000,000 options exercisable at $0.01 expiring 3 April 2024
109,090,909 convertible notes Face Value of $1.00, conversion price of $0.0055 and maturity date 21 June 2021
10,500,000 options exercisable at $0.005 expiring 30 June 2024
22,500,000 options exercisable at $0.005 on or before 30 June 2024
10,000,000 options exercisable $0.008 on or before 17 September 2024
On behalf of the Board,
Nick Day
Company Secretary and CFO
~Ends~
For further information please contact: Dean Tuck Nick Day Managing Director Company Secretary Dreadnought Resources Limited Dreadnought Resources Limited E:[email protected] E:[email protected]
This announcement is authorised for release to the market by Nick Day the Company’s Company Secretary.
Dreadnought Resources Limited Suite 5, 16 Nicholson Road, Subiaco WA 6008 PO Box 572, Floreat WA 6014
www.dreadnoughtresources.com.au
+61 (0) 428 824 343