Directors are giving themselves 7.5 million options but The Director Options will be issued in three equal tranches as follows:
(i) 2.5 million Director Options each exercisable at 5 cents and expiring 1 year from the date of issue;
(ii) 2.5 million Director Options each exercisable at 10 cents and expiring 2 years from the
date of issue; and
(iii) 2.5 million Director Options each exercisable at 15 cents and expiring 3 years from thely exerciserble at 5,10 & 15 cents
It,s good to see the optios only exercisable at a higher price than the current share price , and obviously the directors have faith that this company shareprice is going somewhere in the next couple of years. You can have my vote bruce
RBM
redbank mines limited
Directors are giving themselves 7.5 million options but The...
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