Exercise of Options
Griffin Mining Ltd (“the Company”) announces that the Company was notified on 12th July 2018 of the exercise of options (“the Options”) by former management over 70,000 new ordinary shares in the Company granted in February 2015 at an exercise price of 30p per share.
Following the exercise of the Options there will be 172,582,061 Ordinary Shares in the Company in issue. There are 140,000 shares held in treasury.
Application will be made to the London Stock Exchange for the 70,000 new ordinary shares to be admitted to trading on AIM. These new ordinary shares will rank pari passu in all respects with the existing ordinary shares. It is expected that admission will become effective on 20th June 2018.
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