GTE 0.00% 2.8¢ great western exploration limited.

Ann: Share Placement, page-2

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  1. 27,732 Posts.
    lightbulb Created with Sketch. 4762
    Anyone tell me what "with a free attaching option exercisable at $0.05 per share and expiring 30 June 2016. " means please? Does it mean any particular number of options, or another 10.6m options to go with the 10.6m placement at 1c? I can't quite figure out the precise meaning the way it is worded...

    Other than that, all pretty clear, GTE starting to crank it up:

    As previously announced in the March quarterly report the Company is actively seeking an acquisition of an advanced project, predominantly focusing on nickel or zinc. The Company is also continuing work at the New Springs nickel sulphide prospect in WA.

    The funds will allow this work to continue.
    Last edited by CEOChair: 05/06/15
 
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