Ann: Appendix 3B - Convertible Note, page-3

First 3 Last

Share
Profile

Follow
bthotcop

7,922 Posts.

01/03/17

07:48

Post #: 22994960
Share

Originally posted by malmanu ↑

A whopping 14.5B shares if all options and convertible notes converted to shares.

LISTED SHARES & OPTIONS

7,100,658,916 fully paid ordinary shares

2,822,287,341 options Fully paid ordinary shares Options exercisable at A$0.006 before 5.00pm (Perth time) on 31 August 2017

UNLISTED OPTIONS

260,000,000 Investor Consortium Options exercisable at $0.0695 per option
200,000,000 Noble Options exercisable at $0.0695 per option
260,000,000 Wafin Options exercisable at $0.0695 per option

PERFORMANCE RIGHTS
3,956,839 2014 LTI

CONVERTIBLE NOTES

Hanlong 167,500 $2.5 million 5 day VWAP average preceding conversion
Noble 200,000 $100 notes convert at 3.0c to 666,666,667 shares
Investor Consortium 240,000 $100 notes convert at 3.0c to 800,000,000 shares
Wafin 400,000 $100 notes convert at 3.0c to 1,333,333,333 shares
2015 Investor Group 70,000 $100 notes convert at 1.0c to 700,000,000 shares
2016 Investor Group 13,000 $100 notes convert at 0.35c to 371,000,000 shares

http://www.stocknessmonster.com/news-item?S=SDL&E=ASX&N=759356

Expand

"A whopping 14.5B shares if all options and convertible notes converted to shares."

No doubt there will be more added at the next CR.

Dilution into oblivion.

SDL Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

HZN

Crickets as Horizon Oil unveils new project picked up in Thailand

PSC

Prospect Resources: Replicating the success of Arcadia with ~1b tonne copper ore target

Week 31 Wrap: Oz core CPI @ 2.7%! But here come tariffs. Again. Next Friday

DES

DeSoto lands key exploration rights for Syncerus gold project in Guinea

Why a Fed rate cut could obliterate your super – and no one's warning you

Legal Dispute: Why Is Deutsche Rohstoff AG Refusing to Deliver Almonty Industries CDIs?

EMC

Everest Metals dips as company clocks low gold grades at Taipan, WA

AFP

AFT Pharmaceuticals outlines shareholder value focus in 2025 AGM

LKO

'Rising demand': Lakes Blue Energy starts well-timed Wombat-5 gas drilling

I88

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

First 3 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: Appendix 3B - Convertible Note, page-3

Top Stories

Crickets as Horizon Oil unveils new project picked up in Thailand

Prospect Resources: Replicating the success of Arcadia with ~1b tonne copper ore target

Week 31 Wrap: Oz core CPI @ 2.7%! But here come tariffs. Again. Next Friday

DeSoto lands key exploration rights for Syncerus gold project in Guinea

Why a Fed rate cut could obliterate your super – and no one's warning you

Legal Dispute: Why Is Deutsche Rohstoff AG Refusing to Deliver Almonty Industries CDIs?

Everest Metals dips as company clocks low gold grades at Taipan, WA

AFT Pharmaceuticals outlines shareholder value focus in 2025 AGM

'Rising demand': Lakes Blue Energy starts well-timed Wombat-5 gas drilling

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

Featured News