"(i
i) the Company’s Shares trading at a volume weighted average market price of greater than 1.9 cents per share calculated over 20 consecutive trading days"
they say volume weighted average market price over 1.9c
we had three days: making about 90m at a vague average of 1.9c ?
if we do another 15 days around 2c and one day at 3c with a spike and 100m volume, this goal should be reached and performance shares granted - let's hope so
|
Trade Historymce-anchorDownload CSV |
|
|
|
|
|
| 1 |
Date |
Open |
High |
Low |
Close |
Volume |
| 2 |
27/07/2016 |
0.018 |
0.018 |
0.018 |
0.018 |
12,157,270 |
| 3 |
26/07/2016 |
0.020 |
0.020 |
0.017 |
0.017 |
31,859,165 |
| 4 |
25/07/2016 |
0.015 |
0.020 |
0.015 |
0.020 |
45,715,448 |
----
29 May 2015
ASX Market Announcements Level 4
20 Bridge Street
SYDNEY NSW 2000
Grant of Performance Rights
Yellow Rock Resources Ltd (“Yellow Rock” or “the Company”) advises that it has granted the Company’s chief executive officer, Mr Vincent Algar, 10,000,000 performance rights with the following milestones:
Each Performance Right will automatically convert into one Share:
- (a) In respect to 5,000,000 Performance Rights:
- (i) upon the Company releasing a Mineral Resource Statement containing a JORC 2012 Compliant Resource; and
- (ii) the Company’s Shares trading at a volume weighted average market price of greater than 1.9 cents per share calculated over 20 consecutive trading days on which the Company’s shares have actually traded; and
- (b) In respect to 5,000,000 Performance Rights:
- (i) upon the Company releasing a Mineral Resource Statement containing a JORC 2012 Compliant Resource that includes Resources in the Measured Category; and
- (ii) the Company’s Shares trading at a volume weighted average market price of greater than 3.0 cents per share calculated over 20 consecutive trading days on which the Company’s shares have actually traded.
The performance rights expire on 2 February 2020 and contain standard terms and conditions relevant to lapse of entitlement or right to conversion on cessation of employment.
An Appendix 3B is attached. Yours faithfully
N J Bassett Company Secretary
(20min delay)