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4324879b-2eef-4384-8e86-b743da0f6e3c.pdf
ABN 47 116 648 956
ASX Announcement 4 July 2016
Issue of Unlisted Options
The Board of Chalice Gold Mines Limited (ASX: CHN, TSX: CXN - "Chalice" or "the Company") has resolved (subject to shareholder approval at the forthcoming Annual General Meeting) to issue unlisted options to the Company's non-executive directors, Mr Anthony Kiernan and Mr Stephen Quin.
In accordance with ASX Listing Rule 3.10.3, the Company provides the following details of the proposed issue of options:
Class of securities: Unlisted Options
Number to be issued: 1,000,000
Principal terms: The options have an exercise price of 25 cents, with an expiry date of 30 November 2019 and are issued under the terms and conditions of the Employee Share Option Plan.
Consideration: Nil
Purpose of the issue: As an incentive and as consideration for ongoing services to the
Company.
Shareholder approval: The Company will seek shareholder approval for the issue of the options
at the Company's Annual General Meeting.
Issue class: The issue is not being made to a class of security holders.
Leanne Stevens Company Secretary
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Chalice Gold
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DEVELOPMENT STAGE |
CODE : CHN.AX |
ISIN : AU000000CHN7 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Chalice is a gold development stage company based in Australia. Its main asset in development is KOKA (ZARA GOLD) in Eritrea and its main exploration properties are WILGA, YANDEEARRA and GNAWEEDA in Australia. Chalice is listed in Australia. Its market capitalisation is AU$ 324.5 millions as of today (US$ 218.2 millions, € 196.9 millions). Its stock quote reached its lowest recent point on December 19, 2014 at AU$ 0.10, and its highest recent level on November 12, 2021 at AU$ 9.95. Chalice has 261 680 000 shares outstanding. |