VAN 0.00% 4.7¢ vango mining limited

Could someone clarify the options component of the announcement?...

  1. 72 Posts.
    Could someone clarify the options component of the announcement?

    Does this mean that for each share, we receive 1 option to exercise a buy (or sell?) at 0.03c after Feb 2016?
 
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Currently unlisted public company.

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