Share Structure

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	> Corporate Overview > Vision & Strategy > Why Invest in ELT > 2012 Exploration > Management > Share Structure > Corporate Governance

The Company

Share Structure

Total number of ordinary shares on issue

Director/employee options*

Options issued Underwriter**

82,383,526

8 ,200,000

1,500,000

*Includes options issued to Corey Nolan (2.5M), Tony McLellan (2.0), and Neil Stuart (1.0M).

Exercise price $0.25 per option, not quoted, expire on 23 Oct 2015 if not exercised, and vesting conditions (2.75M options @ $0.30 and 2.75M options at $0.35), and escrowed for two years from issue date.

** Issued to Martin Place Securities for successful completion of the Dec 2009 IPO. Exercise price $0.30 per MPS option. Not quoted and escrowed for two years from issue date.