PV1 0.00% 2.0¢ provaris energy ltd

Ann: Consolidation/Split - TTE, page-2

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    Post consolidation TTE will be comprised of approx. 209 million shares and 38 million options (both of which are exercisable until 2020). Option strike prices are at 0.5c and 2c respectively.

    Will be interesting to see whether options provide a nice little arbritage opportunity.

    Go TTE
 
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