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PACIFIC RESOURCES LIMITED — Capital/Financing Update 2013
Aug 7, 2013
65638_rns_2013-08-07_494017ca-0e0e-4e02-98c2-7c33fb3717bd.pdf
Capital/Financing Update
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8 August 2013
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ASX ANNOUNCEMENT
UNLISTED OPTIONS HAVE EXPIRED
Coalbank Limited (ASX: CBQ) advises that 3,000,000 unlisted options exercisable at 8.25 cents each and 4,000,000 unlisted options exercisable at 10 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 |
|---|---|---|
| 40,000,000* | 2/6/2014 | 25 cents |
- Options are subject to vesting conditions
In addition to the unlisted options, Coalbank also has unlisted Performance Rights and Convertible Bonds on issue as follows:
Performance Rights – unlisted
a) 1,000,000 which have vested
b) 7,250,000 subject to vesting conditions
Convertible Bonds – unlisted
a) 380 convertible into 50,000,000 shares at 3.8 cents each
Yours faithfully
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Leni Stanley Company Secretary
COALBANK LIMITED ABN 20 075 877 075 Level 6, 344 Queen 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