GIR 0.00% $5.43 giralia resources nl

seems like the GIR holders wont get the free shares until early...

  1. 12,414 Posts.
    seems like the GIR holders wont get the free shares until early January ... see below from the recent announcement.
    http://imagesignal.comsec.com.au/asxdata/20071022/pdf/00772151.pdf

    Investors are reminded that subject to shareholder approval, Giralia will distribute approximately 27.2 million Carpentaria Exploration Limited Shares to its shareholders on a pro-rata basis. The record date for the in-specie distribution will be 5 business days after shareholder approval is obtained at a General Meeting, which it is anticipated will be held in January 2008, within 2 months of the date Carpentaria Shares commence quotation on ASX.
    Additionally, approximately 3 months after the completion of the in-specie distribution of the Shares in Carpentaria Exploration Limited to Giralia shareholders, Carpentaria intends to conduct a pro-rata issue of options to its Shareholders on the basis of one option for every two Shares held at the relevant date. The options will be issued at a price of 1 cent each, exercisable at $0.30 each on or before 30 June 2010. The options will otherwise be on terms and conditions standard for options in a listed company.
 
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Currently unlisted public company.

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