IDA 0.62% 8.1¢ indiana resources limited

Ironic we get this big news on the day the first options vest...

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    Ironic we get this big news on the day the first options vest

    “That, for the purposes of Listing Rule 10.14, and for all other purposes, approval is given for
    the Company to issue the following Options to Ms Bronwyn Barnes (or her nominee(s)):
    (a) 12,000,000 Options exercisable at 5.0 cents ($0.05), vesting upon the 30-day volumeweighted average price of the Company’s shares exceeding $0.15 not later than
    7 February 2024 and expiring 12 months after vesting; and
    (b) 20,000,000 Options exercisable at 7.5 cents ($0.075), vesting upon the 30-day volumeweighted average price of the Company’s shares exceeding $0.30 not later than
    7 February 2025 and expiring 12 months after vesting,
    on the terms and conditions set out in the Explanatory Memorandum.”
 
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Last trade - 15.57pm 03/05/2024 (20 minute delay) ?
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