Issue of incentive shares to Executive Chairman upon the achievement ofa) the execution by the Company of the underwriting agreement in respect to the 166,721,965 listed options with anexercise price of 7.5c per options expiring on 19 April 2024 and the subsequent exercising of all of those options to raise circa $12.5m before costs, OR(b) the Company's shares on ASX having a VWAP of at least $0.12 over 5 consecutive trading days before 31 October2024 Saying the A options will be underwritten or the share price will exceed 12.5 cent before end October.
EUR Price at posting:
7.7¢ Sentiment: Buy Disclosure: Held
a) the execution by the Company of the underwriting agreement in respect to the 166,721,965 listed options with anexercise price of 7.5c per options expiring on 19 April 2024 and the subsequent exercising of all of those options to raise circa $12.5m before costs, OR(b) the Company's shares on ASX having a VWAP of at least $0.12 over 5 consecutive trading days before 31 October2024
