Rule 2.7, 3.10.3, 3.10.4, 3.10.5
New issue announcement, application for quotation of additional securities and agreementInformation or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005.
Name of entity
Chalice Gold Mines Limited
ABN
47 116 648 956
We (the entity) give ASX the following information.
Part 1 - All issuesYou must complete the relevant sections (attach sheets if there is not enough space).
1 +Class of +securities issued or to be issued
Unlisted options
2 Number of +securities issued or to be issued (if known) or maximum number which may be issued
2,500,000 unlisted options
3 Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid
+securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)
2,500,000 unlisted options have an exercise price of 50 cents, vesting on the achievement of obtaining sufficient finance (either debt or equity) for the development of the Koka Gold Mine, with an expiry date of 30 November
2014 and are to be issued to Mr Timothy Goyder under the terms of the Company's Employee Share Option Plan.
+ See chapter 19 for defined terms.
24/10/2005Appendix 3B Page 1
Appendix 3B New issue announcement
4 Do the +securities rank equally in all
respects from the date of allotment with an existing
+class of quoted +securities?
If the additional securities do not rank equally, please
state: