GRV 6.67% 3.2¢ greenvale energy ltd

boe call option, page-5

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    Check Form 603 lodged today at 9.42 am. 120 page substantial share notice.

    Refer page 13 (page 18 of the 120)

    Option Purchase Price:

    - GRV contributing shares $3,941,543 for 1,147,500 shares = $3.435 per share;

    - ECM $1,371,806.29 for 2,540,776 shares = 0.54 per share;

    - ESMCA $114,900.33 for 34,000 shares = 3.379 per share;

    Agreement is an option agreement i.e may or may not happen.

    Long document, trying to read.

    Regards

    SP
 
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