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PACIFIC RESOURCES LIMITED — Capital/Financing Update 2011
Jun 28, 2011
65638_rns_2011-06-28_45af1277-28c2-421a-9d3d-747cdd4c4e92.pdf
Capital/Financing Update
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Date : 29 June 2011
To : Australian Securities Exchange Companies Announcement Office Electronic Lodgment System
Dear Sir,
UNLISTED OPTIONS HAVE EXPIRED
Coalbank Limited (ASX:CBQ) advises that 11,000,000 unlisted options exercisable at 20 cents each and 1,900,000 unlisted options exercisable at 7 cents each have expired.
After the cancellation of these options, Coalbank has the following unlisted options on issue:
| Number of Options | Expiry Date | Exercise Price |
|---|---|---|
| 3,000,000 | 2/6/2013 | 10.33 cents |
| 40,000,000* | 2/6/2014 | 25 cents |
- Options are subject to vesting conditions
In addition to the unlisted options, Coalbank also has Performance Rights on issue as follows:
a) 1,000,000 which have vested
b) 7,250,000 subject to vesting conditions.
Yours faithfully,
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Leni Stanley Company Secretary
COALBANK LIMITED ABN 20 075 877 075 Level 1, 101 Edward Street Brisbane Queensland 4000 � GPO Box 762 Brisbane Queensland 4001 Australia T +61 7 3229 6606 � F +61 7 3221 6625 � [email protected] � www.coalbank.com