metoo is worried about a stock that he/she/it does not own issuing options and I am worried about issuing options causing dilution in a stock that I own. DreamWorld? I am not worried but I do not like dilution by options or otherwise. According to my investing goals, I already have sell orders at __?__ AUS in for next year before 31 May 2019. Sometimes a little corn is better than a whole corn on the cob.
JUST LIKE LAST TIME. What did John Wayne say about that? U can eat the corn out of my poop post! The corn being a pop in SP before 31 May 2019...............MOO!
European Lithium Ltd
("European Lithium", "EUR" or "the Company")
Issue of Options
European Lithium Limited (ASX:EUR, FRAF8, VSE:ELI, NEX:EUR) (the Company) advises that 11,250,000 options over ordinary shares have been granted to to the Directors of the company as set out below, representing approximately 2.05% of the Company's current issued share capital. Each option is exercisable at AU$0.15 on or before 31st May 2019.
Column 1
Column 2
Column 3
0
Granted To
Options Granted
Exercise Price
1
Tony Sage, Non-Executive Chairman
2,500,000
AU$0.15
2
Stefan Mueller, Non-Executive Director
6,250,000
AU$0.15
3
Malcolm Day, Non Executive Director
2,500,000
AU$0.15
The Company also advises that 2,500,000 options over ordinary shares have been granted to Empire Capital Partners Pty Ltd (Empire), for services provided in establishing the Company's convertible note facility with Magna, representing approximately 0.46% of the Company's current issued share capital. Each option is exercisable at AU$0.20 on or before 11th December 2021.
What did John Wayne say about that? U can eat the corn out of my poop post!
