COPY OF FINAL PROSPECTUS - Mirabela Nickel
COPY OF FINAL PROSPECTUS - Mirabela Nickel
COPY OF FINAL PROSPECTUS - Mirabela Nickel
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MIRABELA NICKEL LIMITED<br />
NOTES TO FINANCIAL STATEMENTS (Continued)<br />
For the year ended 30 June 2006<br />
16. CONTRIBUTED EQUITY (Continued)<br />
Movement in share capital for the year ended 30 June 2006<br />
Number of<br />
Ordinary shares shares Issue price AUD<br />
1 July 2005 Opening balance ................................ 37,150,000 6,786,000<br />
31 October 2005 Issue of ordinary shares fully paid ..................... 2,200,000 $0.600 1,320,000<br />
16 December 2005 Issue of ordinary shares fully paid ..................... 1,000,000 $0.800 800,000<br />
6 February 2006 Issue of ordinary shares fully paid ..................... 2,000,000 $0.850 1,700,000<br />
23 February 2006 Issue of ordinary shares fully paid ..................... 6,000,000 $0.800 4,800,000<br />
27 February 2006 Conversion of 11,000 performance shares ................. 11,000,000 $0.001 11,000<br />
6 April 2006 Issue of ordinary shares fully paid ..................... 5,000,000 $0.850 4,250,000<br />
10 May 2006 Conversion of options ............................. 450,000 $0.200 90,000<br />
16 May 2006 Issue of ordinary shares fully paid ..................... 1,000,000 $0.900 900,000<br />
20 June 2006 Conversion of options ............................. 150,000 $0.200 30,000<br />
30 June 2006 Closing balance ................................. 65,950,000 20,687,000<br />
Convertible performance shares<br />
1 July 2005 Opening balance ................................ 11,000 11,000<br />
Converted to ordinary shares ......................... (11,000) (11,000)<br />
30 June 2006 Closing balance ................................. — —<br />
Less share issue costs:<br />
Opening balance ................................ (349,903)<br />
Current year costs ............................... (274,583)<br />
Share issue costs at the end of the year .................. (624,486)<br />
20,062,514<br />
Options on issue<br />
Options<br />
The Company<br />
Value in<br />
Number of securities AUD<br />
2006 2005 2006 2005<br />
Options exercisable at 20 cents each<br />
on or before 31 May 2008 ........................................ 3,000,000 3,600,000 720 720<br />
Options exercisable at 20 cents each on<br />
or before 30 June 2009 .......................................... 1,600,000 1,600,000 — —<br />
4,600,000 5,200,000 720 720<br />
F-21
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