ASX Announcement
2 December 2019
Navarre Minerals Limited
ABN 66 125 140 105
Lapse of Unlisted Options
ASX Code: NML
Corporate Details
Issued capital:
478.2M ordinary shares
20.6M unlisted options
1.5M unlisted performance rights
Directors & Management:
Kevin Wilson (Non-Executive Chairman)
Geoff McDermott
(Managing Director)
John Dorward (Non-Executive Director)
Colin Naylor
(Director & Company Secretary)
Shane Mele
(Exploration Manager)
Jodi Ford
(Accountant & Assistant Company
Secretary)
Contact Details
Geoff McDermott
Managing Director
Navarre Minerals Limited
40 - 44 Wimmera Street
Stawell VIC 3380
Australia
PO Box 385
Stawell VIC 3380
Australia
Tel: +61 (0)3 5358 8625
Email: info@navarre.com.au
Website: www.navarre.com.au
Navarre Minerals Limited (ASX Code: NML) (the Company) advises that 1,150,000 unlisted employee options over fully paid ordinary shares in the Company (consisting of 750,000 options with an exercise price of 15 cents expiring 29 January 2023, and, 400,000 options with an exercise price of 12 cents expiring 21 February 2024) have lapsed in accordance with their terms, due to the option holder ceasing to be an employee of the Company.
Below is a summary of the Company's quoted and unquoted securities as at 2 December 2019 following the lapse of the 1,150,000 options referred to above:
Number | Class | Exercise price |
Quoted Securities | ||
478,242,151 | Ordinary shares | N/A |
Unquoted Securities | ||
200,000 | 31/12/21 options | $0.07 |
200,000 | 31/12/21 options | $0.09 |
2,000,000 | 29/01/23 options | $0.15 |
5,400,000 | 10/04/23 options | $0.15 |
1,000,000 | 06/06/23 options | $0.15 |
1,700,000 | 21/02/24 options | $0.12 |
6,100,000 | 17/05/24 options | $0.12 |
4,000,000 | 17/05/24 options | $0.12 |
1,500,000 | 31/12/22 performance rights | |
- ENDS -
For further information, please visit www.navarre.com.auor contact:
Colin Naylor
Director & Company Secretary
- info@navarre.com.au
- + 61 (0)3 5358 8625
Navarre Minerals Limited | ABN 66 125 140 105
40 - 44 Wimmera Street | PO Box 385 | Stawell VIC 3380 Australia
t +61 3 5358 8625
e info@navarre.com.au | w navarre.com.au
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Navarre Minerals Limited published this content on 02 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2019 00:42:06 UTC