Capital Structure

Capital Structure

Issued Capital

(as at 30 September 2018)

Share capital (number of shares)       1,673,584,196
Unlisted Share Options                                 27,800,000
Unlisted Warrants                                         157,507,710
Convertible Debentures                                         10,000

Number of Options Expiry Date Exercise Price
8,900,000 31 December 2018 $0.20
2,500,000 30 September 2019 $0.54
8,900,000 31 December 2019 $0.25
2,500,000 30 September 2020 $0.63
2,500,000 30 June 2021 (vesting on 30 June 2019) $0.078
2,500,000 30 June 2022 (vesting on 30 June 2020) $0.091

Substantial Shareholding

(as at 30 September 2018)

Shareholder % of IC
Great Panther Silver Limited 18.1
Franklin Resources 9.5
BlackRock Group 8.3

Shareholder Breakdown

(as at 13 September 2018)

Type of Investor % of IC
International Institutions 41.8
Domestic Institutions 3.4
Retail 14.8
Hedge Funds 16.3
Other 7.1
Unallocated/Unanalysed 16.6

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