| Minemakers Limited: Incentive Structure for Advisors | |
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PERTH, AUSTRALIA--(Marketwired - Jul 29, 2015) - Pursuant to ASX release dated 29 June, 2015 Minemakers Limited (MAK.AX)(MAK.AX) confirms it has issued unlisted options, as shown in the attached Appendix 3B, to joint advisors Foster Stockbroking Pty Limited and EAS Advisors, as incentive remuneration for services. The details of the unlisted options issued are as follows: - 3,000,000 unlisted options with a vesting price of $0.12, exercise price of $0.10 and expiry 30 June 2018
- 3,000,000 unlisted options with a vesting price of $0.18, exercise price of $0.15 and expiry 30 June 2018
- 3,000,000 unlisted options with a vesting price of $0.25, exercise price of $0.25 and expiry 30 June 2018
Cliff Lawrenson, Managing Director ABN 48 116 296 541
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MineMakers Limited
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DEVELOPMENT STAGE |
CODE : MAK.AX |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
MineMakers is a tin and tungsten exploration company based in Australia. MineMakers develops tin, tungsten, diamonds and phosphate in Australia, in Namibia and in South Africa, and holds various exploration projects in Australia, in Namibia and in South Africa. Its main assets in development are SAVANNA in South Africa, SANDPIPER/MEOB JV in Namibia and WONARAH in Australia and its main exploration properties are ANCHOR ( TASMANIA), MOINA, VAAL RIVER ALLUVIAL and BRONKHORSTFONTEIN in South Africa and ABERFOYLE, STOREY'S CREEK, LUTWYCHE, ROYAL GEORGE, GREAT PYRAMID, CASTLE CAREY, TASMANIA UNITED URANIUM and LUDERITZ PROJECT - ML111 DFI JV in Namibia. MineMakers is listed in Australia and in Germany. Its market capitalisation is AU$ 34.4 millions as of today (€ 32.4 millions). Its stock quote reached its highest recent level on April 18, 2008 at AU$ 2.95, and its lowest recent point on March 20, 2015 at AU$ 0.06. MineMakers has 275 360 000 shares outstanding. |