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PACIFIC RESOURCES LIMITED — Capital/Financing Update 2010
Aug 16, 2010
65638_rns_2010-08-16_58ebd7ce-85ae-47b9-a15b-079b67771677.pdf
Capital/Financing Update
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Date : 17 August 2010
To : Australian Securities Exchange Companies Announcement Office Electronic Lodgment System
Dear Sir,
UNLISTED OPTIONS CANCELLED
Lodestone Energy Limited (ASX:LOD) advises that 2,000,000 unlisted options exercisable at 7 cents each have been cancelled in accordance with the provisions of the Employee Share Option Plan.
After the cancellation of these options, Lodestone has the following unlisted options on issue:
| Number of Options | Expiry Date | Exercise Price |
|---|---|---|
| 167,000 | 27/01/2011 | 20 cents |
| 167,000 | 27/01/2011 | 25 cents |
| 167,000 | 27/1/2011 | 30 cents |
| 10,000,000 | 10/09/2010 | 7 cents |
| 9,000,000 | 15/05/2011 | 20 cents |
| 1,900,000 | 26/06/2011 | 7 cents |
| 11,000,000 | 26/06/2011 | 20 cents |
In addition to the unlisted options, Lodestone also has Performance Rights on issue as follows:
a) 9,250,000 which have vested
b) 9,250,000 subject to vesting conditions.
Yours faithfully,
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Leni Stanley Company Secretary
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