www.kingstonresources.com.au ACN 009 148 529
Sam Sample
123 Sample Street
Sampleton 1234
26 May 2016
Dear Option holder
Letter to Option Holders - 30 June 2016 Expiry (ASX: KSNOA)This is a reminder notice that your options to subscribe for ordinary fully paid shares in Kingston Resources Limited (ASX: KSNOA) will expire at 5:00pm Australian Western Standard Time (AWST) on 30 June 2016.
Each option entitles the holder to acquire one ordinary share in KSN for $0.07 each.
In order to exercise your options, an Option Exercise Notice is enclosed which sets out the number of options held by you and the total amount payable at the exercise price of $0.07 per share.
The courses of action open to you, the Option Holder, are:
- Exercise all or some of the options. Complete the Option Exercise Notice form enclosed and ensure payment is received by the company by no later than 5:00pm AWST, Thursday, 30 June 2016.
- Do nothing. If you do not take action to exercise your options prior to the expiry date of 30 June 2016, the options will expire and your right to purchase shares at $0.07 per share will lapse and all rights will be forfeited.
The last sale price for Fully Paid Ordinary Shares in KSN on the ASX was $0.025 cents on 25 May 2016.
The lowest price at which Fully Paid Ordinary Shares in KSN have traded over the last 3 months is $0.005 on 25 February 2016. The highest price at which Fully Paid Ordinary Shares in KSN have traded over the last 3 months is $0.03 on 13 May 2016. Quotation of these Options on the Australian Securities Exchange ends at the close of trading on 24 June 2016.
For further information in regards to these options please contact the Company Secretary - Mathew Whyte on
(08) 93366619 or mwhyte@kingstonresources.com.au
Yours sincerely
KINGSTON RESOURCES LIMITEDMathew Whyte Company Secretary
25 - 27 Jewell Parade, North Fremantle, Western Australia 6159
+61 8 9336 6619 info@kingstonresources.com.au 1
OPTION EXERCISE FORM Option holder DetailsSAM SAMPLE
123 SAMPLE STREET
SAMPLETON 1234
SRN/HIN | I1234567890 |
Total Option Holding | XX |
Number Option to be Exercised | XX |
Amount enclosed at A$0.07 per Option | XX |
Dear Option holder
You are reminded that the Option to subscribe for Fully Paid Ordinary Shares in the capital of Kingston Resources Limited registered in your name expire on 30 June 2016. These Options are exercisable wholly or in part by the payment of $0.07 for each option exercised. Payment has to be received at the Company's Registry, Computershare Investor Services Pty Limited, GPO Box D182, Perth, WA 6840 by 5pm AWST on 30 June 2016. For every one option exercised, the option holder will be allotted 1 Fully Paid Ordinary Shares in the capital of Kingston Resources Limited.
Options not exercised by 5pm AWDT on 30 June 2016 will lapse. Recent Fully Paid Ordinary Share Prices on Australian Securities ExchangeLatest available market sale price of the Fully Paid Ordinary Shares was A$0.025 on 25 May 2016. Highest sale price during the 3 months preceding 25 May 2016 was A$0.03 on 13 May 2016. Lowest sale price during the 3 months preceding 25 May 2016
was A$0.005 on 25 February 2016.
Last trading day of Options on the Australian Securities Exchange will be on 24 June 2016. METHOD OF ACCEPTANCEPlease fill out cheque/money order payment details as shown below:
PLEASE ENTER CHEQUE DETAILS THANK YOU | Drawer | Bank | Branch | Amount |
Option holder contact detail in the case of enquiry is:
Telephone :(...........) ................................................... Email: ................................................................................
NOTE: Cheques should be made payable to KINGSTON RESOURCES LIMITED and crossed NOT NEGOTIABLE Yours Sincerely
Mathew Whyte
Company SecretaryKingston Resources Limited published this content on 26 May 2016 and is solely responsible for the information contained herein.
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