"Share Purchase Plan (SPP) As part of it strategy to increase...

"Share Purchase Plan (SPP) As part of it strategy to increase exploration activities, the Company considered many options for a capital raising and decided to progress with a Share Purchase Plan (SPP), allowing all eligible shareholders (being those in Australia and New Zealand) the ability to participate. The SPP will seek to raise up to a maximum of approximately $2 million through the issue of approximately 200 million fully paid ordinary shares (Shares) at an issue price of $0.01 (1 cent) per share. Applicants through the SPP will also be issued with one free attaching option for every two Shares applied for under the SPP, with each option being exercisable at $0.013 (1.3 cents) and having an expiry date of 2 years from issue"

Basically its at a discount due to .01cent issue price with the attached option that's free until it needs to be converted or the options gain in value and are sold on market.