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3.8¢ lake resources n.l.

2021 and beyond, page-4055

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InHindSight

734 Posts.

228

02/08/21

17:34

Post #: 54970541
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Originally posted by strejd ↑

i could be wrong but I cannot see where it says you have to be a holder of any LKE shares to receive second "Additional options".

Each Bonus Option, when exercised, will result in the issue of a second option (Additional Options).

The Additional Options will have an exercise price $0.75 each, expiring on 15 June 2022 and if exercised each
will result in the allotment and issue of one (1) fully paid ordinary share in Lake. Lake intends to seek approval
to list and trade the Additional Options on ASX.

The indicative timetable for the issue of Bonus Options and Additional Options is as follows:
Lodgement of Prospectus with ASIC 5 August 2021
Record Date for determining entitlements under the Bonus Options issue
5:00 pm (Sydney time)
10 August 2021
Issue of Bonus Options and despatch of new holding statements 12 August 2021
Bonus Options Expire 15 October 2021
Additional Options Expire 15 June 2022

Can you clarify? I have been known to be wrong before.

Expand

Strejd,

In order to get the second option you must pay for the first option and to get the first option you must own shares.
It is really quite simple.

Cheers,
IHS

LKE Price at posting: 53.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.8¢		Change 0.002(5.56%)		Mkt cap ! $63.40M

Open	High	Low	Value	Volume
3.7¢	3.9¢	3.7¢	$204.4K	5.401M

Buyers (Bids)

No.	Vol.	Price($)
7	497090	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	337803	1

View Market Depth

No.	Vol.	Price($)
7	497090	0.037
9	1279238	0.036
8	1188728	0.035
16	1402329	0.034
24	1794641	0.033

Price($)	Vol.	No.
0.038	337803	1
0.039	946321	12
0.040	522116	13
0.041	551389	8
0.042	2052374	2

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