"In exchange for forgoing certain rights in the Funding Agreement, the Company will issue Lind with 83,333,333 fully paid ordinary shares and issue 10,000,000 options with an exercise price of $0.0036 and an expiry date of 10 November 2017, as part of a previously issued conversion notice."
Ahhhh - the sweet smell of dilution.
What a surprise!
Ann: Mutual Termination of Funding Agreement, page-3
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