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TIVAN LIMITED Capital/Financing Update 2007
65967_rns_2007-04-18_7b58ee29-ee87-4c37-9995-654b731c6b0f.pdf
Capital/Financing Update
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Tennant Creek Gold LIMITED
ABN 12 000 817 023
Tel: +61 8 9327 0900 Fax: +61 8 9327 0901 Level 1, 282 Rokeby Road Subiaco WA 6008 PO Box 1126 Subíaco WA 6904 Email: [email protected] www.tennantcreekgold.com.au
19 April 2007
Dear Optionholder
Expiry of 31 May 2007 Options
The 31 May 2007 Options issued by the Company are due to expire. In accordance with the terms and conditions of the option issue and the ASX Listing Rules the Company advises as follows:
- $1.$ The latest date for the exercise of the options and for payment of the exercise price is Thursday 31st May 2007;
- $2.$ The exercise price of the options is \$0.15 per option;
- $3.$ The consequence of non payment of the exercise price is that the options will lapse;
- The market price of the underlying securities at the date of this letter is \$0.43; $4.$ and
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- The highest and lowest market price of the underlying securities during the three months prior to 19 April 2007 are set out below:
| Price | Date | |
|---|---|---|
| Highest | \$0.505 | 19/1/07 |
| Lowest | \$0.365 | 7/3/07 |
If you have any queries in relation to the above please do not hesitate to contact me.
Yours faithfully TENNANT CREEK GOLD LIMITED
Damian Delaney Company Secretary