20th May 2009 07:00
20 May, 2009
Announcement to London Stock Exchange
Grant of Share Options
On 19 May 2009, the Company granted 1,300,000 share options, for nil consideration, to the Company Secretary / CFO Mr Karl Schlobohm, over the Company's ordinary shares of 1 pence each ("Ordinary Shares"). These share options were granted pursuant to Mr Schlobohm's employment contract at an exercise price of 10 pence per Ordinary Share. The share options will vest after six (6) months, and can be exercised up to 30 April 2011. The total number of share options (1,300,000) issued represents 1.9% of the current issued share capital.
By order of the Board
KM Schlobohm
Company Secretary
Contacts:
Mr Karl Schlobohm
Secretary
Tel: +61 7 3303 0660 or [email protected]
Mr Stephen Weir
RFC Corporate Finance
Nominated Advisor
Tel +61 2 9250 0048 or [email protected]
Related Shares:
SolGold