...26 August 2008
Dear Option Holder
NOTIFICATION OF EXPIRY OF OPTIONS
As at the date of this notice you are the registered holder of ‘FMSOA’ Options in Flinders Mines
Limited which are due to expire on Monday 29 September 2008. Your options will expire unless
exercised on or before that date. Please read the following information carefully.
EXPIRY DATE
Your options expire at 5.00pm (Adelaide time) on Monday 29 September 2008. Quotation of these
options (FMSOA) will cease on the Australian Stock Exchange at the close of trading on Monday 22
September 2008.
EXERCISE PRICE AND PAYMENT
The exercise price of the Option is ten cents ($0.10) per Option. Each Option exercised will result in
one fully paid ordinary share in the Company being issued.
Should you wish to exercise your Options, cheques in Australian currency equivalent to the amount
due on exercise, should be made payable to Flinders Mines Limited and crossed “Not Negotiable”.
Your cheque together with a completed and signed Notice of Exercise of Options Form (attached)
should be lodged with the Company’s share registry, Computershare Investor Services Pty Ltd, Level
5, 115 Grenfell Street Adelaide SA 5000 (GPO Box 1903, Adelaide SA 5001), by no later than close of
business on Monday 29 September 2008.
CONSEQUENCE OF NON-PAYMENT
Options not exercised by 29 September 2008 will lapse with no value. No further entitlement will exist.
UNDERWRITING
No underwriting agreement currently exists in respect of these options.
PRICES
The latest available market sale price on the Australian Securities Exchange Limited (ASX) on the
date of this notice for those securities to which the Options may be converted was $0.13 at close of
trade on 25 August 2008.
The highest and lowest sale price on the ASX for the three months preceding the date of this notice
and the respective dates of those sales for those securities to which the Options may be converted
were:
Highest $0.255 on 3 June 2008
Lowest $0.12 on 25 August 2008
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Open | High | Low | Value | Volume |
84.0¢ | 84.0¢ | 84.0¢ | $971 | 1.156K |
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No. | Vol. | Price($) |
---|---|---|
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82.0¢ | 2844 | 1 |
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1 | 1283 | 0.780 |
1 | 12051 | 0.675 |
1 | 5000 | 0.670 |
1 | 20000 | 0.660 |
Price($) | Vol. | No. |
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0.820 | 2844 | 1 |
0.850 | 10000 | 1 |
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