The company is hoping to raise more coin at $0.20 after a second cosolidation of 8 shares to 1 the previous one was at 400 shares to 1 Existing Securities on issue 135,351,400 - 132,641,792 - Securities to be issued on exercise of 31 July 2016 MNE Options (exercise of MNE Options is underwritten) 132,235,818 - - - Securities to be issued to Squirrel shareholders 690,000,000 126,000,000 - - Total1 957,587,218 126,000,000 350,974 - Consolidation of Issued Capital (expected on the basis of 81/3:1) 2 114,910,470 15,120,000 42,116 - Securities to be issued under Prospectus Offer (offer of MNE Shares at issue price of $0.20 each to raise $3,000,000) 15,000,000 -Total Securities on issue at re-listing 129,910,466 15,120,000 1. Indicative number only; MNE may issue additional shares in connection with the transaction, including to its corporate advisers. 2. Consolidation ratio of 81/3:1 is indicative only. The Company may vary the final consolidation ratio in consultation with Squirrel.
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