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STRIKE RESOURCES LIMITED Share Issue/Capital Change 2021
65855_rns_2021-09-09_ecdbb93f-3168-4787-a0bb-ee89a6a82672.pdf
Share Issue/Capital Change
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Friday, 10 September 2021 ASX Code : SRK
MARKET ANNOUNCEMENT
Lapse of Unlisted Options
Strike Resources Limited (ASX:SRK) (Strike) advises that the following unlisted Securities Incentive Plan (SIP) options have lapsed pursuant to their terms of issue:
Lapsed Options
| № of Options |
Date of Lapse | Description of Options | Exercise Price | Date of Issue |
Expiry Date |
|---|---|---|---|---|---|
| 1,500,000 | 6 August 2021 | SIP Options (\$0.21, 23 December 2023)1 |
\$0.21 | 24 December 2020 |
23 December 2023 |
The Company's current issued share capital is as follows:
Issued Securities
| Class of Security | Quoted on ASX | Unlisted |
|---|---|---|
| Fully paid ordinary shares | 270,000,000 | - |
| Broker's Options (\$0.15, 30 November 2023)2 | - | 1,000,000 |
| Directors' Options (\$0.185, 3 December 2023)3 | - | 12,000,000 |
| Broker's Options (\$0.33, 3 June 2024)4 | - | 1,000,000 |
| Total | 270,000,000 | 14,000,000 |
AUTHORISED FOR RELEASE - FOR FURTHER INFORMATION:
Victor Ho
Executive Director and Company Secretary
T | (08) 9214 9700
ABOUT STRIKE RESOURCES LIMITED (ASX:SRK)
Strike Resources Limited is an ASX listed resource company which is developing the 1.5Mtpa Paulsens East Iron Ore Project in Western Australia. Strike also owns the high grade Apurimac Iron Ore Project in Peru where it has commenced mining of high-grade surface deposits and entered into an offtake agreement with an international ironore trading firm to export the "Apurimac Premium Lump" DSO product of ~65% Fe. Strike has a 43% shareholding in Lithium Energy Limited (ASX:LEL), which was recently spun-out of Strike under a \$9m IPO. Lithium Energy is developing battery minerals related assets - the Solaroz Lithium Brine Project in Argentina and the Burke Graphite Project in Queensland.
4 Refer Strike's ASX Announcement dated 4 June 2021: Appendix 3G – Notification of Issue of 1M Broker Options
www.strikeresources.com.au
STRIKE RESOURCES LIMITED A.B.N. 94 088 488 724
Level 2, 31 Ventnor Avenue, West Perth, Western Australia 6005
ASX : SRK
1 Refer Strike's ASX Announcement dated 6 January 2021: Appendix 3G – Notification of Issue of 1.5M SIP Options
2 Refer Strike's ASX Announcement dated 1 December 2020: Proposed Issue of Securities
3 Refer Strike's Notice of Annual General Meeting and Explanatory Statement (Resolutions 6 to 10) dated 20 October 2020 and released on ASX on 4 November 2020 and Strike's ASX Announcements dated 4 December 2020: Results of 2020 Annual General Meeting and 4 December 2020: Proposed Issue of Securities