IMU 0.00% 4.9¢ imugene limited

Ann: IMU Raises $3.0m from Options Plan, page-2

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    The Board of Imugene also announces that they have resolved to issue a total of 10,000,000 unlisted options to Dr. Axel Hoos. The unlisted option will be at $0.02 per option exercisable within 3 years from the date of their issue, subject to shareholder approval at the next shareholder meeting.
    The unlisted options are to be issued in recognition of the additional services he has performed which has been deemed far in excess of the usual services of a Non-Executive Director of a company with Imugene’s positioning together with additional services Dr. Axel Hoos continues to provide.
    Dilution of this company is massive, 2,300,000,000 shares?
 
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