ABM Resources NL (ASX:ABU) Completion of Share Consolidation
*The piggy back options are attached to the options that expire on 14 January 2015.
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CLASS CLASS DESCRIPTION SECURITIES
TOTAL POST-
CONSOLIDATION
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ORD ORDINARY FULLY PAID 252,459,502
SHARES
UO1 UNLISTED OPTIONS EXP
14/01/15 @ $0.225 11,100,000
UO2 UNLISTED OPTIONS EXP
18/10/15 @ $0.225 2,783,334
PO3* PIGGY BACK OPTIONS Up to 11,100,000
@ $0.225
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For every option that is exercised, a piggy back option will be issued and an expiry date of five years from the date the 14 January 2015 option was exercised applies.
Transaction confirmation statements have been despatched to security holders advising them of their holding balance on a pre and post consolidation basis.
To view the table and the release, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ABU-683534.pdf
About ABM Resources NL:
ABM Resources (ASX:ABU) is an exploration Company developing several gold discoveries in the Central Desert region of the Northern Territory of Australia. The Company has a multi-tiered approach to exploration and development with a combination of high-grade potentially short-term production scenarios such as the Old Pirate high-grade gold project, large scale discoveries such as Buccaneer, and regional exploration discoveries such as the Hyperion gold project.
In addition, ABM is committed to regional exploration programs throughout its extensive holdings including the alliance with Independence Group NL at the regional Lake Mackay Project, and the recently announced proposed divestment of the North Arunta projects to Clancy Exploration Ltd.
Source:
ABM Resources NL
Contact:
ABM Resources NL
T: +61-8-9423-9777
F: +61-8-9423-9733
WWW: www.abmresources.com.au