LRD lord resources limited

Ann: Entitlement Issue Prospectus, page-2

  1. 67 Posts.
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    7F.2 Any other information the entity wishes to provide about the proposed issueWith regards to the proposed issue of Performance rights - the terms are as follows:Class A Performance Rights: 750,000 Performance Rights will vest and become exercisable upon the Company raising acumulative additional $3,000,000 of capital in support of its current or additional projects within two years of theappointment as CEO;Class B Performance Rights: 125,000 Performance Rights will vest and become exercisable on the 12-month anniversaryof the appointment as CEO; andClass C Performance Rights: 125,000 Performance Rights will vest and become exercisable on the 24-month anniversaryof the appointment as CEO. Here we go again more free shares coming up for new Ceo Andrew when us shares holders keep giving our own money management will most likely not take any up and give them all free shares again ): When is this company actually build share holder wealth instead of diluting us every 6 months.
 
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