| Satisfaction of Performance Milestones at Baobab Phosphate Project | |
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7 October 2016
SATISFACTION OF PERFORMANCE MILESTONES AT BAOBAB PHOSPHATE PROJECT
Avenira Limited ('Avenira') advises that following the ASX announcement on 3 October 2016 the Board has determined that all the operational performance conditions attached to the Tranche 1 2015 Performance Rights have been satisfied.
The Company notes one market based performance condition remains outstanding. The Board expect the market performance condition will be satisfied in the coming weeks.
If the market performance condition is satisfied 6,900,000 Performance Rights will vest and automatically convert into an equal number of ordinary shares and an Appendix 3B will be lodged with the ASX.
Cliff Lawrenson Managing Director
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Avenira Limited
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Avenira LTD est une société basée en Australie. Avenira LTD est cotée en Australie. Sa capitalisation boursière aujourd'hui est 6,3 millions AU$ (4,3 millions US$, 3,9 millions €). La valeur de son action a atteint son plus haut niveau récent le 11 février 2011 à 0,71 AU$, et son plus bas niveau récent le 26 juillet 2024 à 0,00 AU$. Avenira LTD possède 571 849 984 actions en circulation. |