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94

AXIOM MINING LIMITED

ANNUAL REPORT 2015

Notes to the

financial statements

for the year ended 30 September 2015

COMPANY FINANCIAL REPORT

19. Share capital

a. Issued and fully paid share capital

2015

AU$000

2014

AU$000

Issued and fully paid

264,676,635* (2014: 3,289,552,750) ordinary shares

91,433

77, 902

2015

Number of

shares

AU$000

2014

Number of

shares

AU$000

Movements in issued shares:

Balance at 1 October

3,289,552,750

77,902 2,335,067,445

62,633

Issue of new shares

Effect of share consolidation*

(3,070,251,090)

Share placement issue

21,299,632

7,176 332,383,597

5,390

Shares issued as payment for services and interest

357,643

70 22,966,727

361

Shares issued to employees

2,133,334

30

Exercise of options

3,526,558

882 64,208,203

1,119

Shares issued under agreement

– 144,134,202

1,900

Shares issued on conversion of convertible notes

20,191,142

5,650 224,000,014

3,136

Shares used for commencement fee for funding facility

7,956,153

113

Shares used for convertible notes

– 15,000,000

210

Rights issue

– 141,703,075

2,834

264,676,635

91,680 3,289,552,750

77,726

Less: Transaction costs arising from share Issues

(268)

Options exercised during the year and paid but shares

not allotted until after

30 September 2014

21

176

Balance at 30 September

264,676,635

91,433 3,289,552,750

77,902

* A share consolidation of Axiom’s capital, on the basis of one share for every fteen shares was completed on 14 April 2015.