Share Capital

Share Capital

As at 19 December 2017

Fully paid ordinary shares (PRU)

1,033,258,283

Warrants

Warrants to subscribe for ordinary shares at an exercise price of A$0.44. Each Warrant is exercisable at A$0.44 each on or before 19 April 2019: 130,538,864

Performance Rights

– Converting to fully paid ordinary shares on a 1 for 1 basis on satisfaction of specified conditions, half of which with a vesting date of 31 December 2017: 875,000

– Converting to fully paid ordinary shares on a 1 for 1 basis on satisfaction of specified conditions, half of which with a vesting date of 31 March 2018: 500,000

– Converting to fully paid ordinary shares on a 1 for 1 basis on satisfaction of specified conditions, half of which with a vesting date of 30 June 2018: 1,366,666

– Converting to fully paid ordinary shares on a 1 for 1 basis on satisfaction of specified conditions, half of which with a vesting date of 31 December 2018: 5,200,000

– Converting to fully paid ordinary shares on a 1 for 1 basis on satisfaction of specified conditions, half of which with a vesting date of 30 June 2019: 866,666

– Converting to fully paid ordinary shares on a 1 for 1 basis on satisfaction of specified conditions, with a vesting date of 30 June 2020: 10,891,668

Auditors Ernst & Young
11 Mounts Bay Road
Perth Western Australia 6000