VRC 12.5% 0.4¢ volt resources limited

Ann: Volt Secures $4.7M Option Underwriting Agreement, page-37

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    "....termination of the underwriting agreement by the underwriters in the event Volt’s share price falls below the exercise/strike price of $0.02 (2 cents)
    on a 2day closing VWAP basis, the S&P/ASX 200 falls by 10% or more from date of agreement being signed and a $100,000 termination fee, if the Company or Underwriters with cause terminate
    the agreement...."
 
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