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Ann: Standout Maiden Drill Results at Ponente, page-51

  1. pipebuilder
    258 Posts.
    lightbulb Created with Sketch. 11
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    09/04/21
    10:40
    Post #: 52352722
    Re-posting - info on options. exercise prices $0.01 expiry date 31 Jan 2022.

    http://clients3.weblink.com.au/pdf/AZI/02253809.pdf

    Discovery Capital Partners and Foster Stockbroking Pty Ltd acted as joint lead managers (JLMs) to a $3.6m Placement in Jun 2020. The JLMs will be issued c.46.39M unlisted options in the Company (each with a subscription price of A$0.0001, an exercise price of A$0.01 expiring on or before 28 February 2022) for their role as joint lead manager to the Placement.

    If the SP don't go above $0.01 before Jan-2022, the JLMs get zip.

    http://clients3.weblink.com.au/pdf/AZI/02247976.pdf
    AZI Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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