Orocobre Limited Cancellation of Securities
09.07.2014 | ABN Newswire
Brisbane, Australia (ABN Newswire) - Orocobre Ltd. (ASX:ORE) (TSE:ORL) advises that the following unlisted options have lapsed in accordance with the terms of their grant
Following is a summary of the Company's securities currently on issue:
To view the tables and the release, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ORE-806081.pdf
About Orocobre Limited:
Orocobre Ltd. is listed on the Australian Securities Exchange and Toronto Stock Exchange (ASX:ORE) (TSE:ORL), and is building a substantial Argentinian-based industrial minerals company through the construction and operation of its portfolio of lithium, potash and boron projects and facilities in the Puna region of northern Argentina. The Company is building in partnership with Toyota Tsusho Corporation the first large-scale, "greenfield" brine based lithium project in 20 years at its flagship Salar de Olaroz resource, with projected production of 17,500 tonnes per annum of low-cost battery grade lithium carbonate scheduled to commence at the end of Q2, 2014. The Company also wholly-owns Borax Argentina, an important regional borate producer. Orocobre is included in the S&P/ASX 300 Index and was named 2012 Mining Company of the Year by Argentine mining magazine Panorama Minero and the Fundacion para el Desarrollo de la Mineria Argentina ("Fundamin" or Foundation for Development of Argentina Mining).
Contact:
Neil Kaplan
Orocobre Ltd.
T: +61-7-3871-3985
E: nkaplan@orocobre.com
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ASX Code Expiry Date Exercise No. of
Price Options
------------------------------------------
OREAI 30 November $1.50 100,000
2016
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Following is a summary of the Company's securities currently on issue:
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Number Class
-------------------------------------------------------------------
132,041,911 Ordinary (ORE)
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400,000 ASX Code OREAK - Options exercisable
at $2.03 on or
before 30 June 2015
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550,000 ASX Code OREAI - Options exercisable
at $1.50 on or
before 30 November 2016
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350,000 ASX Code OREAO - Options exercisable
at $1.50 on or
before 31 July 2017
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301,092 ASX Code to be allocated - Options exercisable
at $2.20, 30 days after the later of
31 August 2015 or the date of release of the Company's
financial results for the 2014/2015 financial year
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100,000 ASX Code OREAW - Options exercisable at $2.53.
Expiry Date 1 October 2017
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200,000 ASX Code OREAU-Options exercisable at
$1.50 on or before 31 May 2018
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140,792 ASX Code OREAS - Performance Rights exercisable at
$0.00, 30 days after the later of 31 August 2015 or
the date of release of the Company's financial results
for the 2014/2015 financial year
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420,609 ASX Code OREAS - Performance Rights exercisable at
$0.00, 30 days after the later of 31 August 2016 or
the date of release of the Company's financial results
for the 2015/2016 financial year
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To view the tables and the release, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ORE-806081.pdf
About Orocobre Limited:
Orocobre Ltd. is listed on the Australian Securities Exchange and Toronto Stock Exchange (ASX:ORE) (TSE:ORL), and is building a substantial Argentinian-based industrial minerals company through the construction and operation of its portfolio of lithium, potash and boron projects and facilities in the Puna region of northern Argentina. The Company is building in partnership with Toyota Tsusho Corporation the first large-scale, "greenfield" brine based lithium project in 20 years at its flagship Salar de Olaroz resource, with projected production of 17,500 tonnes per annum of low-cost battery grade lithium carbonate scheduled to commence at the end of Q2, 2014. The Company also wholly-owns Borax Argentina, an important regional borate producer. Orocobre is included in the S&P/ASX 300 Index and was named 2012 Mining Company of the Year by Argentine mining magazine Panorama Minero and the Fundacion para el Desarrollo de la Mineria Argentina ("Fundamin" or Foundation for Development of Argentina Mining).
Contact:
Neil Kaplan
Orocobre Ltd.
T: +61-7-3871-3985
E: nkaplan@orocobre.com