Notification of Unquoted Options Issuance
Summary
Patriot Resources has issued 6,750,000 unquoted options with an exercise price of AUD 0.0825, expiring on August 26, 2029. These options are part of a previously announced transaction and are not intended to be quoted on the ASX. The issuance follows a prior Appendix 3B announcement and requires shareholder approval for director participation in the placement.
Investor Highlights
Extracted from the company announcement. This is not financial advice.
- 6,750,000 options issued with an exercise price of AUD 0.0825.
- Options expire on August 26, 2029.
- Part of a previously announced transaction on August 19, 2026.
Key Points
- 6,750,000 unquoted options issued.
- Options expire on August 26, 2029.
- Exercise price set at AUD 0.0825.
- Part of a previously announced transaction.
- Shareholder approval needed for director participation.
Key Changes Since Last Announcement
No direct comparison available from recent announcements.
Readability
Moderate Detail — The announcement includes specific financial details and terms that require some financial knowledge to fully understand.
Share Price Reaction
Following the announcement, the share price moved from $0.0550 to $0.0490 over five trading days, representing a decreased of 10.9%.
- Price at announcement: $0.0550
- 1 day change: 0.00%
- 5 day change: -10.91%
- 30 day change: -9.09%
Share price data may be delayed.
Mine Brief summaries are generated from company announcements and are provided for general information only. They are not financial advice. Investors should refer to the original announcements and seek professional advice where appropriate.
