Business

Issue of Employment Options

Issue of Employment Options.

articleAtlantic Lithium Limited.January 21, 20165/company/atlantic-lithium-limited/news/issue-of-employment-options
Issue of Employment Options

About this update from Atlantic Lithium Limited.

[{"type":"text","content":"\n \nRNS Number : 5186M IronRidge Resources Limited 21 January 2016  \n\n21 January 2016\n \nIronRidge Resources Limited\n \nIssue of Employment Options\n \n \nIronRidge Resources Limited ( \"IRR\", \"IronRidge\" or the \"Company\"), the mineral exploration company with frontier assets in both Australia and West Africa, with two province scale projects in Gabon, and promising and advanced titanium and bauxite projects in Queensland Australia, has today allotted a total of 1.5 million unlisted employment options to Mr Len Kolff, the Company's Exploration and Gabonese Country Manager, as follows:\n \nØ 400,000 options exercisable at 5 pence each through to 20 January 2017;\nØ 500,000 options exercisable at 7.5 pence each through to 20 January 2018; and \nØ 600,000 options exercisable at 10 pence each through to 20 January 2019.\n \nAs a result of this allotment, the Company now has a total of 236,612,203 ordinary shares of no par value and 14,770,000 unlisted options on issue.\n \nFor any further information please contact:\n \n\n\n\n\nIronRidge Resources Limited\n\n\n\n\n\n\n\nVincent Mascolo (Chief Executive Officer)\n\n\nTel: +61 7 3303 0610\n\n\n\n\nNicholas Mather (Executive Chairman)\n\n\nTel: +61 7 3303 0610\n\n\n\n\n\n\n\n\n\n\n\n\nSP Angel Corporate Finance LLP\n\n\nTel: +44 (0)20 3470 0470\n\n\n\n\nNominated Adviser and Broker\n\n\n\n\n\n\n\nJeff Keating\nTercel Moore\n \nYellow Jersey PR Limited\nFinancial PR\nDominic Barretto\nAidan Stanley\n \n \n\n\n \n \n \nTel: +44(0) 7768 537 739\n\n\n\n\nNotes to Editors:\n \nIronRidge Resources is an AIM listed mineral exploration company with frontier assets in both Australia and West Africa, with two province scale projects in Gabon, and promising and advanced titanium and bauxite projects in Queensland Australia.  IronRidge's corporate strategy is to create and sustain shareholder value through the discovery of world-class and globally demanded commodities. \n \nwww.ironridgeresources.com.au \n \nTchibanga: \nLocated in south-western Gabon, in the Nyanga Province, within 10-60km of the Atlantic coastline.  This project comprises two exploration licenses, Tchibanga and Tchibanga Nord, which cover a combined area of 3,396km2 and i...

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