ETM 0.00% 2.1¢ energy transition minerals ltd

Ann: Change of Director's Interest Notice x 4, page-22

  1. 295 Posts.
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    Spot on Jeff

    (e) Vesting Conditions The Performance Rights will vest as follows:

    (i) Class A: the Company entering into a binding agreement with a third party to finance its
    litigation costs in respect of its arbitration or other proceedings against the governments
    of Greenland and Denmark in respect of the Kvanefjeld Project

    (ii) Class B: an increase of at least 20% in the size of the Mineral Resources in accordance with
    the JORC Code 2021 at the Kvanefjeld Project or any other Company project; and

    (iii) Class C: favourable completion of the arbitration against the governments of Greenland
    and Denmark resulting in either the award of an exploitation licence for the Kvanefjeld
    Project or of compensation to the Company; and

    (iv) Class D: the Volume Weighted Average Price over a period of 20 consecutive Trading Days
    on which trades in the Company’s shares are recorded on ASX (20 day VWAP) being at
    least $0.15.
    (each, a Vesting Condition) unless the Vesting Condition/s is/are waived in accordance with the rules
    of the Plan.
    (f) Exercise Period
    The Performance Rights are exercisable at any time on and from the date upon which the relevant
    Vesting Condition has been satisfied (or waived in accordance with the rules of the Plan), until the
    Expiry Date (Exercise Period)

    Seems someone who shouldn't be POKING around should possibly apologise
 
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