AI assistant
TALISMAN MINING LIMITED — Share Issue/Capital Change 2012
Mar 13, 2012
65926_rns_2012-03-13_5d2e60b3-e69a-4f4b-a253-93d4edb06a52.pdf
Share Issue/Capital Change
Open in viewerOpens in your device viewer
14 March 2012
ASX Release: UPDATE FOR EGM
COMPANY SNAPSHOT
Board of Directors
Alan Senior Non-Executive Chairman
Gary Lethridge Managing Director
Peter Langworthy Technical Director
Brian Dawes Non-Executive Director
Karen Gadsby Non-Executive Director
Talisman Mining Ltd (ASX: TLM) provides the following updated information in advance of the upcoming EGM to be held on 14 March 2012.
Resolution 1: Issue of Director Options
Section 1.2(f) of the Explanatory Statement of the Notice of Meeting states that the exercise price of the proposed issue of Director Options to Mr Graeme Cameron would be calculated at the 5 day volume weighted average share price prior to the commencement of trade on 14 March 2012 multiplied by the exercise premium.
The Company hereby advises that the exercise price for the proposed issue of Director options to Mr Cameron are as follows:
Contact Details
6 Centro Avenue Subiaco, Western Australia, 6008 Australia
Telephon e: +61 8 9380 4230
Facsimile: +61 8 9382 8200
Email: [email protected] Website: www.talismanmining.c om.au
| Tranche | Quantity | Exercise Premium | Exercise Price |
| 1 | 250,000 | 200% of 5 day VWAP | $1.02 |
| 2 | 250,000 | 220% of 5 day VWAP | $1.13 |
| 3 | 250,000 | 275% of 5 day VWAP | $1.41 |
| 4 | 250,000 | 300% of 5 day VWAP | $1.53 |
For and on behalf of the Board,
Capital Structure
Shares on Issue:
131,538,627 (TLM) Options on Issue: 11,175,000 (Unlisted) ASX: TLM
==> picture [177 x 45] intentionally omitted <==
Daniel Madden
Company Secretary
Talisman Mining Ltd ABN 71 079 536 495 6 Centro Avenue, Subiaco Western Australia 6008 www.talismanmining.com.au