Axiom Mining 2015 Annual Report

COMPANY FINANCIAL REPORT

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

94

19. Share capital

a. Issued and fully paid share capital

2015 AU$000

2014 AU$000

Issued and fully paid 264,676,635* (2014: 3,289,552,750) ordinary shares

91,433

77, 902

2015 Number of shares

2014 Number of shares

AU$000

AU$000

Movements in issued shares: Balance at 1 October Issue of new shares Effect of share consolidation*

3,289,552,750

77,902 2,335,067,445

62,633

(3,070,251,090)

–

–

–

Share placement issue

21,299,632

7,176 332,383,597

5,390

Shares issued as payment for services and interest

357,643

70 22,966,727

361

Shares issued to employees

–

–

2,133,334

30

Exercise of options

3,526,558

882 64,208,203

1,119

Shares issued under agreement

–

– 144,134,202

1,900

Shares issued on conversion of convertible notes

20,191,142

5,650 224,000,014

3,136

Shares used for commencement fee for funding facility

– – –

–

7,956,153

113 210

AXIOM MINING LIMITED ANNUAL REPORT 2015

Shares used for convertible notes

– 15,000,000 – 141,703,075

Rights issue

2,834

264,676,635

91,680 3,289,552,750

77,726

Less: Transaction costs arising from share Issues

(268)

–

Options exercised during the year and paid but shares not allotted until after 30 September 2014

–

21

–

176

91,433 3,289,552,750

77,902

Balance at 30 September

264,676,635

* A share consolidation of Axiom’s capital, on the basis of one share for every fteen shares was completed on 14 April 2015.