WCN 0.00% 1.5¢ white cliff minerals limited

Ann: Prospectus , page-4

  1. 669 Posts.
    Hi newbieguy
    the info below taken from Page 4 of the prospectus tells you who gets the options-it is those investors who participated in the placements and the spp so not for those who have recently bought in as far as I understand.

    P4 prospectus

    "1.2 The Offers
    By this Prospectus the Company offers for subscription up to 32,500,000 free Options
    to Subscribers as follows:
    (a) investors who participated in the Placements, to subscribe for 12,500,000
    Options on the basis of one free (1) Option granted for every two (2) Shares
    issued under the Placements;
    (b) investors who participated in the SPP Offer, to subscribe for 10,000,000
    Options on the basis of one free (1) Option granted for every two (2) Shares
    issued; and
    (c) the Corporate Adviser, to subscribe for 10,000,000 free Options,"
 
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