Axiom Mining 2015 Annual Report

GROUP FINANCIAL REPORT

Notes to the financial statements for the year ended 30 September 2015

61

16. Capital and reserves (continued)

d. Options Details of the movements in options are as follows:

*No. of options outstanding as at 1/10/2014

No. of options outstanding as at 30/09/2015

Granted during the year

Exercised during the period

Expired during the year

Exercise price

Grant Date Expiry Date

02/04/12 02/10/14 666,667

0.4500

(666,667)

–

Bergen agreement

Consultants

24/09/12 20/12/15

133,333

0.3000

133,333

Option attached to private placement

25/10/12 30/10/14 555,556

0.4500

(555,556)

–

Consultants

30/10/12 30/10/14 433,333

0.4500

(433,333)

–

Option attached to private placement

04/03/13 15/02/16 1,666,667

0.3000

1,666,667

Consultants

04/03/13 15/02/16 1,666,666

0.3000

1,666.666

Consultants

10/02/14 10/02/17 883,333

0.2805

883,333

Consultants

11/02/14 30/11/14 1,066,667

0.2550

(1,066,667)

–

AXIOM MINING LIMITED ANNUAL REPORT 2015

Option attached to private placement

10/04/14 31/03/15 25,169,525

0.3000

(25,169,525)

–

Consultants

10/04/14 31/03/15 666,666

0.3000

(666,666)

–

Consultants

10/04/14 31/03/15 300,000

0.3000

(300,000)

–

Option to attached private placement Option to attached private Placement Options approved for issue at AGM Options attached to convertible notes

08/09/14 30/11/14 5,199,223

0.3000

(5,199,223)

–

08/09/14 30/11/14

737,700

0.3000

(737,700)

–

01/05/15 30/09/15

–

0.3000 25,169,498 (2,710,949) (22,458,549)

–

02/06/15 31/05/16

–

0.3000 2,000,000

2,000,000

Consultants

10/07/15 30/09/15

–

0.3000 233,333

(233,333)

–

Option attached to private placement

13/07/15 30/09/15

–

0.3000

66,666

(66,666)

–

Consultants

10/07/15 31/05/16

–

0.4000 3,000,000

3,000,000

Consultants

10/07/15 31/05/16

–

0.5500 4,500,000

4,500,000

Consultants

10/07/15 31/05/16

–

0.1750 666,666

666,666

Consultants

10/07/15 31/05/16

–

0.3500 400,000

400,000

Consultants

10/07/15 31/05/16

–

0.5000 100,000

100,000

39,145,336

36,136,163 (2,710,949) (57,553,885) 15,016,665

* Post consolidation