AI assistant
Metals X Limited — Capital/Financing Update 2011
Nov 23, 2011
10401_rns_2011-11-23_d7b4d3fa-35bb-45cd-8063-fc054bd284a9.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [595 x 98] intentionally omitted <==
24 November 2011
Australian Securities Exchange Limited Company Announcements Office Exchange Centre 20 Bridge Street SYDNEY NSW 2000
Dear Sir,
EXERCISE PRICE OF DIRECTOR’S OPTIONS
Metals X Limited (“the Company”) advises that at its Annual General Meeting of Shareholders to be held on 25 November 2011, Resolutions 4 and 5 pertain to the issue of options to directors (“Director’s Options”). The exercise price of those Director’s Options, if approved, will be equal to approximately 120% of the weighted average closing sale price of the Company’s fully paid ordinary shares on ASX over the 20 trading days immediately before the day of the meeting to approve the issue (“Exercise Price”).
The Company advises that the Exercise Price for the Director’s Options, if approved, will be $0.30.
Yours sincerely
Fiona Van Maanen COMPANY SECRETARY
Level 3, 123 Adelaide Terrace, East Perth WA 6004 ● GPO Box 2606 Perth WA 6001 Telephone: +61 8 9220 5700 ● Facsimile: +61 8 9220 5757 ● Email: [email protected] ● Web: www.metalsx.com.au