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PACIFIC RESOURCES LIMITED — Share Issue/Capital Change 2012
Jul 3, 2012
65638_rns_2012-07-03_8d2de9ab-f780-4002-9220-ea96f8baeb5d.pdf
Share Issue/Capital Change
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Date : 4 July 2012
To : Australian Securities Exchange Companies Announcement Office Electronic Lodgment System
Dear Sir,
UNLISTED OPTIONS HAVE EXPIRED
Coalbank Limited (ASX:CBQ) advises that 6,000,000 unlisted options exercisable at 9.74 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 |
| 3,000,000* | 8/8/2013 | 8.25 cents |
| 4,000,000* | 8/8/2013 | 10 cents |
| 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 each 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 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