Expiration of Options

RNS Number : 1315X

Tlou Energy Ltd

04 May 2016

 

4 May 2016

Tlou Energy Limited

("Tlou" or "the Company")

Expiration of Options

The Company announces that a total of 10,750,000 options exercisable at AU$0.625 on or before 30 April 2016 ("Options") have now expired without any of these Options being exercised ("Expiration of Options"). Following the Expiration of Options, the Company has the following options outstanding:

Number of Options	Exercise Price AUD	Expiry Date
1,500,000	$0.14	29/11/2017
500,000	$0.14	13/01/2018

Details of options held by Directors are shown below:

Director	Number of Options held pre Expiration of Options	Number of Options held post Expiration of Options
Martin McIver	250,000	0
Anthony Gilby	4,000,000	0
Gabaake Gabaake	100,000	0
Colm Cloonan	250,000	0

Enquiries:

Tlou Energy Limited Anthony Gilby, Managing Director Solomon Rowland, Company Secretary www.tlouenergy.com	[phone]
Grant Thornton                                         Jen Clarke, Colin Aaronson, Harrison Clarke	[phone]
Brand Hill Jonathan Evans, Alex Walker	[phone]

 

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