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METGASCO LTD Capital/Financing Update 2004
65313_rns_2004-12-20_4bd72351-a231-42fd-9114-02dcde21d0b3.pdf
Capital/Financing Update
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ACN ORR 196 383
10/402 New South Head Rd, Double Bay NSW 2028 tel +61 2 9363 9604 fax +61 2 9327 4765
Statement Setting Out Securities Subject to Escrow
A number of Metgasco Limited's ("Metgasco" or the "Company") ordinary shares and unlisted options have been classified by ASX as restricted securities and are subject to escrow for a specified period. Other securities some of the ASX restricted securities are subject to voluntary escrow for a specified period. Details of the restricted securities, securities subject to voluntary escrow, and the escrow period applicable to them are as follows:
Ordinary Shares
The Company has on issue 19,690,914 ordinary shares which are restricted securities and subject to escrow for a period of 24 months from the date of official quotation by ASX of the Company's ordinary shares.
The Company has on issue the following ordinary shares which are restricted securities and subject to escrow for a period of 12 months from the date of issue of the securities:
| Date | Restricted securities expiring as at date |
|---|---|
| 20 May 2005 | 273,381 |
| 8 Sep 2005 | 341,727 |
| 13 Sep 2005 | 1,093,525 |
| otal | 1,708,633 |
The Company has on issue 19,976,123 ordinary shares (including the 1,708,633 ordinary shares noted above) subject to voluntary escrow for a period of 12 months from the date of official quotation by ASX of the Company's ordinary shares.
Options
The Company has on issue 16,561,869 options to subscribe for ordinary shares in the Company which are restricted securities and subject to escrow for a period of 24 months from the date of official quotation by ASX of the Company's ordinary shares.
David Johnson
Managing Director
17 December 2004