consolidation, page-3

And who is in for the loyalty option issue ? (I will consider it)

Loyalty Option Issue
As part of a broader capital management strategy and to recognise the continuous support of its loyal shareholders, the Company is pleased to announce a proposed Loyalty Option issue to shareholders.
Subject to shareholders approving the consolidation of the Company’s securities at the Company’s Annual General Meeting on 1 November 2013 and the Company issuing the relevant Prospectus, ANP proposes to undertake a 1 for 3 non-renounceable entitlement offer of one new option for
every three existing shares held on the 28 November 2013 (Record Date) exercisable at $0.27 (on a post consolidation basis) on or before 31 January 2017 (New Options). The New Options will have an upfront issue price of $0.012 each and will raise up to $570,000 before costs (Loyalty Offer).
Funds from the Loyalty Offer are expected to be used to progress the Company’s development pipeline and for working capital purposes.
The New Options will be offered to shareholders who are registered on the Company’s register as at 7pm AEST on the Record Date with registered addresses in Australia or New Zealand (Eligible Shareholders). The New Options will be offered to Eligible Shareholders on the basis of one (1) New
Option for every three (3) fully paid ordinary shares held in the Company as at the Record Date.