GLL 10.0% 1.1¢ galilee energy limited

The Capital structure of GLL as I understand it;225,679,357...

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    The Capital structure of GLL as I understand it;


    225,679,357 shares on issue, nil debt


    4,750,000 Performance shares to directors vesting on the booking of 500PJ of 2P reserves


    5,100,000 director options, exercise $0.125 expiring Nov-19  ($637,500)


    14,155,000 options exercise $0.50 expiring Dec-19  ($7,077,500)


    21,666,667 options exercise $0.75 expiring Dec-19 ($16,250,000)


    Total potential SOI: 271,351,024  with total $23,965,000 raisable


    We should be cashed up by end of next year


 
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