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KINGSROSE MINING LIMITED Share Issue/Capital Change 2015

Nov 24, 2015

65202_rns_2015-11-24_66bc81a0-dae1-4847-83dd-48e4a8c0df82.pdf

Share Issue/Capital Change

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ASX Announcement 25 November 2015

CANCELLATION OF UNLISTED OPTIONS (KRMAK)

The Company wishes to advise that the following options have been cancelled following the resignation of an employee;

  • 500,000 ($0.39, 30 June 2016); and

  • 500,000 ($0.41, 2 January 2017).

The capital structure of the Company following the cancellation of these unquoted securities is as follows:

Quoted Securities

358,611,493 Ordinary Fully Paid Shares (ASX: KRM).

Unquoted Securities

Number Instrument ASX Code Exercise Price Expiry Date
1,500,000 Employee Options KRMAK $0.55 28 Jan 2016
500,000 Employee Options KRMAY $0.47 7 Apr 2016
500,000 Unlisted Options KRMAB $0.55 7 Apr 2016
1,850,000 Employee Options KRMAB $0.55 7 Apr 2016
500,000 Employee Options KRMAZ $0.44 11 Aug 2016
3,000,000 Employee Options KRMAK $0.55 13 Jan 2017
624,881 Share Performance Rights KRMAJ 30 June 2017

Yours faithfully

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Joanna Kiernan Company Secretary

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----- Start of picture text ----- months which has yielded early stage success with gold veins identified undercover and encouraging results from a recent orientation drilling programtesting blind mineralisation.Suite 9, Level 2, 12-14 Thelma Street, West Perth WA 6005 | P (08) 9486 1149 | F (08) 9486 1151[email protected] | www.kingsrosemining.com.au | ASX: KRMABN: 49 112 389 910----- End of picture text -----