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Microsoft Word - Heron letter to ASX cancelling options 14072016
REGISTERED OFFICE
14TH July 2016
Heron Resources Limited
ABN: 30 068 263 098
Level 7, 191 Clarence Street, Sydney NSW 2000
[email protected]
+61 2 9119 8111
TO: Australian Securities Exchange
Lapse and Cancellation of Unlisted Options
Heron Resources Limited advises that the following unlisted options have lapsed unexercised and have been cancelled by the Company.
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1,000,000 options at an exercise price of A$0.22 expiring on 5 March 2016
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858,369 options at an exercise price of A$0.37 expiring on 19 March 2016
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2,000,000 options at an exercise price of A$0.31 expiring on 23 June 2016
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42,918 options at an exercise price of A$0.27 expiring on 27 June 2016
The capital structure of the company following the cancellation of these options is:
Quoted Securities:
415,009,381 ordinary fully paid shares (ASX:HRR, TSX:HER)
Unquoted Securities:
5,000,000
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Options to acquire ordinary shares at A$0.70 expiring 7 September 2016
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333,334
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Options to acquire ordinary shares at A$0.31 expiring 16 January 2017
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1,000,000
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Options to acquire ordinary shares at A$0.27 expiring 5 March 2017
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1,000,000
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Options to acquire ordinary shares at A$0.31 expiring 5 March 2018
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21,459
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Options to acquire ordinary shares at A$0.14 expiring 23 October 2017
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21,459
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Options to acquire ordinary shares at A$0.27 expiring 4 February 2017
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858,369
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Options to acquire ordinary shares at A$0.09 expiring 20 November 2018
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20,700,000
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Options to acquire ordinary shares at A$0.092 expiring 4 December 2020
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28,934,621
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For and on behalf of
Heron Resources Ltd
Simon Smith
Company Secretary
SYDNEY OFFICE:
Level 7, 191 Clarence St, Sydney NSW 2000
+61 2 9119 8111
CANADIAN CONTACT:
1 905 727 8688
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Heron Resources Ltd
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EXPLORATION STAGE |
CODE : HRR.AX |
ISIN : AU000000HRR6 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Heron Res. is a nickel and cobalt development stage company based in Australia. Heron Res. holds various exploration projects in Australia. Its main exploration properties are BIG FOUR HERON - GOONGARRIE, BIG FOUR - GOONGARRIE, SIBERIA NORTH, BULONG - MAIN, BULONG - EAST, HAMPTON (KNP PROJECT), BIG FOUR PLACER - GOONGARRIE, GOONGARRIE HILL - GOONGARRIE, GOONGARRIE SOUTH - GOONGARRIE, HIGHWAY - GOONGARRIE, SCOTIA - GOONGARRIE, JUMP-UP DAM, LAVERTON NICKEL and MT ZEPHYR in Australia. Heron Res. is listed in Australia. Its market capitalisation is AU$ 18.7 millions as of today (US$ 13.5 millions, € 12.6 millions). Its stock quote reached its highest recent level on April 13, 2007 at AU$ 1.47, and its lowest recent point on April 03, 2020 at AU$ 0.02. Heron Res. has 415 010 016 shares outstanding. |