TEG 16.7% 0.7¢ triangle energy (global) limited

Ann: Successful Capital Raise Paves Way for Perth Basin Drilling, page-4

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    The devil in the details

    The Lead Manager will be paid a fee of 6%, exclusive of GST of the proceeds raised. In addition, the Lead Manager will
    be issued 1 unlisted broker option for every 4 new shares issued pursuant to the Placement. Each broker option will have
    an exercise price of $0.024 each and expire 3 years from the date of issue.

    So these options are under everyone elses TEGO strike price, plus 6% fee and 50mil oppies.......
 
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