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AXIOM MINING LIMITED
ANNUAL REPORT 2015
95
Notes to the
financial statements
for the year ended 30 September 2015
COMPANY FINANCIAL REPORT
19. Share capital (continued)
b. Share options
Details of the movements in options are as follows:
Grant Date Expiry Date
No. of
options
outstanding
as at
1/10/2014
Exercise
Price
Granted
during the
year
Exercised
during the
period
Expired
during the
year
No. of
options
outstanding
as at
30/09/2015
(1)
Bergen
agreement
02/04/12 02/10/14 666,667 0.4500
(666,667)
–
Consultants
24/09/12 20/12/15 133,333 0.3000
133,333
Option to private
placement
25/10/12 30/10/14 555,556 0.4500
(555,556)
–
Consultants
30/10/12 30/10/14 433,333 0.4500
(433,333)
–
Option to private
placement
04/03/13 15/02/16 1,666,667 0.3000
1,666,667
Consultants
04/03/13 15/02/16 1,666,666 0.3000
1,666,666
Consultants
10/02/14 10/02/17 883,333 0.2805
883,333
Consultants
11/02/14 30/11/14 1,066,667 0.2550
(1,066,667)
–
Option to private
placement
10/04/14 31/03/15 25,169,525 0.3000
(25,169,525)
–
Consultants
10/04/14 31/03/15 666,666 0.3000
(666,666)
–
Consultants
10/04/14 31/03/15 300,000 0.3000
(300,000)
–
Option to private
placement
08/09/14 30/11/14 5,199,223 0.3000
(5,199,223)
–
Option to private
Placement
08/09/14 30/11/14 737,700 0.3000
(737,700)
–
Options approved
for issue at
Annual General
Meeting (‘AGM’)
01/05/15 30/09/15
–
0.3000 25,169,498 (2,710,949) (22,458,549)
–
Options to
convertible notes
02/06/15 31/05/16
–
0.3000 2,000,000
2,000,000
Consultants
10/07/15 30/09/15
–
0.3000 233,333
(233,333)
–
Option to private
placement
13/07/15 30/09/15
–
0.3000 66,666
(66,666)
–
Consultants
10/07/15 31/05/16
–
0.4000 3,000,000
3,000,000
Consultants
10/07/15 31/05/16
–
0.5500 4,500,000
4,500,000
Consultants
10/07/15 31/05/16
–
0.1750 666,666
666,666
Consultants
10/07/15 31/05/16
–
0.3500 400,000
400,000
Consultants
10/07/15 31/05/16
–
0.5000 100,000
100,000
39,145,336
36,136,163 (2,710,949) (57,553,885) 15,016,665
Weighted average
exercise prices
0.3047
0.3382 0.3000 0.3035 0.3909
(1)
Option holders do not have any rights to participate in any issues of shares or other interests in the Company or any other entity.