It was Canaccord’s mainly ....But for a experience broker to flash them like that doesn’t make sense.They could easily sell the lot by now if they broken them down in lots .... not the best style anyway .
‘By the time I posted this someone clean them up , well done .
4E.2a Who are the underwriter(s)?
Canaccord Genuity (Australia) Pty Ltd
4E.2b What is the extent of the underwriting (ie the amount or proportion of the issue that is underwritten)?
$1,500,000 of the Share Purchase Plan will be underwritten.
4E.2c What fee, commission or other consideration is payable to them for acting as underwriter(s)?
In addition to the fees set out in clause 9.1, the Company grants, subject to Shareholder approval, the Underwriter the right to subscribe for 25,000,000 Options at an issue price of $0.052 each upon completion of the Placement and conditional upon the Company raising a minimum of $2,500,000 under the Placement. Options are subject to shareholder approval.
Ann: Exercise of Options and Appendix 2A, page-9
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