RCR 2.13% 4.6¢ rincon resources limited

Ann: A$5.6m Raising to Expand West Arunta Exploration, page-12

  1. 954 Posts.
    lightbulb Created with Sketch. 164
    just greedy and chance to vote no, taking the piss out of all the smaller shareholders.....management cannot be trusted, "approval to issue 6 million unquoted options exercisable at $0.15 each and with a 3-year term (“Options”) to Managing Director, Gary Harvey, 2 million
    Options to Executive Chairman, David Lenigas, and 3 million Options each to Non-Executive Directors Blair
    Sergeant and Donald Strang, and 2 million Options to employees and key consultants. The Company will also
    seek approval to issue a total of 16 million Options exercisable at $0.15 each with a 2-year term to the Joint
    Lead Managers to the Company for this Placement.
 
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