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IMPACT MINERALS LIMITED — Capital/Financing Update 2021
Nov 29, 2021
65138_rns_2021-11-29_f579df4d-eece-4f61-8251-7297d2258705.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
30 November 2021
Company Announcements Office Australian Securities Exchange 20 Bridge Street SYDNEY NSW 2000
TERMS OF DIRECTOR OPTIONS
Impact Minerals Limited ( Company ) confirms that shareholder approval will be sought at the Company’s Annual General Meeting today for the grant of 62,000,000 Director Options as outlined in the Notice of Annual Meeting dated 13 October 2021 and released to ASX on 29 October 2021.
The exercise price of the Director Options proposed to be issued is 2.17 cents, based on the price that is 60% greater than the five (5) day volume weighted average price of the Company's Shares as traded on ASX over the five trading days prior to the date of the meeting.
Full terms and conditions of the Director Options are disclosed in the Notice of Meeting. The Company will advise the outcome of the meeting in due course.
Yours faithfully
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Bernard Crawford
Company Secretary
T +61 (8) 6454 6666 F +61 (8) 6454 6667 A 26 Richardson Street West Perth Western Australia 6005 E [email protected] W impactminerals.com.au ABN 52 119 062 261