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IONDRIVE LIMITED Capital/Financing Update 2019

Oct 9, 2019

65132_rns_2019-10-09_3aa00276-58e0-4e9b-ba3c-575cb94d1e7c.pdf

Capital/Financing Update

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10 October 2019

The Manager Company Announcements Office ASX Limited

Cancellation of Options

The following unlisted options to acquire fully paid ordinary shares in Southern Gold Limited, issued under the Company’s Employee Share Option Plan, have been cancelled;

  • 420,000 unlisted options exercisable at 37.5 cents on or before 30 June 2021

  • 30,000 unlisted options exercisable at 37.5 cents on or before 31 July 2022

  • 475,000 unlisted options exercisable at 37.5 cents on or before 30 November 2022

Dan Hill Company Secretary

Southern Gold Limited ABN 30 107 424 519

10 George Street PO Box 255 Stepney Kent Town SA 5069 SA 5071

PO Box 255

email [email protected] web southerngold.com.au

telephone 08 8368 8888 facsimile 08 8431 5619