options, page-16

go to there web site, and download this, fill it out, then send. and in a couple of weeks . bam, your off and running?
Dr


SAMSON OIL & GAS LTD (SSNO)
ABN 25 009 069 005
TERMS AND CONDITIONS OF OPTIONS EXPIRING 31 DECEMBER 2012 AT $0.015
The rights and liabilities attaching to the New Options are as follows:
(a) Each New Option entitles the holder to subscribe for and be allotted one ordinary share in the capital of the
company.
(b) The New Options are exercisable at any time on or prior to 5.00pm (Perth time) on 31 December 2012 (the
?EXPIRY DATE?), by notice in writing to the Directors accompanied by payment of the Exercise Price.
(c) The New Option exercise price is 1.5 cents per New Option (the ?EXERCISE PRICE?).
(d) The New Options are transferable and an application will be made to the ASX for Official Quotation of the New
Options.
(e) Shares will be allotted and issued pursuant to the exercise of New Options not more than ten (10) days after receipt
of a properly executed notice of exercise and payment of the requisite application moneys.
(f) Shares issued upon exercise of the New Options will rank pari passu in all respects with the Company?s fully paid
ordinary shares. The Company will apply for Official Quotation by ASX of all shares issued upon the exercise of
New Options within 3 Business Days after the date of allotment of those shares.
(g) There are no participating rights or entitlements inherent in the New Options and holders will not be entitled to
participate in new issues of capital offered or made to the shareholders during the currency of the New Options.
However, the Company will send a notice to each optionholder at least ten (10) business days prior to and inclusive
of the record date (to determine entitlements to the issue) to exercise the New Option.
(h) There are no rights to a change in the exercise price, or in the number of shares over which the New Options can be
exercised, in the event of a bonus issue by the Company prior to the exercise of any New Options.
(i) In the event of any reconstruction (including consolidation, sub-division, reduction or return) of the issued capital of
the Company, all rights of the New Option holder will be changed to the extent necessary to comply with the Listing
Rules applying to the reconstruction of capital at the time of the reconstruction.
(j) The Company will, at least 20 Business Days before the Expiry Date, send notices to the optionholders stating the
name of the optionholder, the number of New Options held, the exercise price, and the consequences of nonpayment.
NOTICE OF EXERCISE OF OPTIONS
To
The Directors
Samson Oil & Gas Ltd
Level 36 Exchange Plaza
2 The Esplanade
PERTH WA 6000
Share Registry:
Security Transfer Registrars Pty Ltd
PO Box 535
APPLECROSS WA 6953
Email: [email protected]
Website: www.securitytransfer.com.au
Ph: (618) 9315 2333 Fax: (618) 9315 2233
I/We ................................................................................................
................................................................................................
Shareholder Number:
.............................................................
Of .................................................................................................................................................................................
.....................................................................................................................................................................................
Being the registered holder of Options hereby exercise such Options to subscribe for ............................................. Ordinary fully
paid shares at $0.015 per option.
I/We enclose application money of $ ............................................................................................... and authorise you to register
me/us as the holder of the shares to be allotted to me/us and /we agree to accept such shares subject to the Rules of the
Constitution of the Company
Individual or Holder 1 Securityholder 2 Securityholder Date:
Director Director/Secretary Sole Director/Secretary Day / Month / Year
Contact Name Contact Telephone Number
This application, with application money in Australian Currency, should be lodged at the Company?s Share Registry on or before the Expiry Date.
NOTE: Cheque should be made payable to SAMSON OIL & GAS LTD and
forwarded to Security Transfer Registrars Pty Ltd.