Kapitalstruktur
Pan Asia Corp Kapitalstruktur
|
Stammaktien 1 |
961,987,499 |
|
|
|
|
Performance Shares |
|
| Class A 2 |
50,000,000 |
| Class B 3 |
50,000,000 |
| Class C 4 |
50,000,000 |
|
|
|
|
Unnotierte Optionen |
|
| Ausübbar @ $0.01 am oder vor dem 30 November 2010 |
171,753,889 |
| Ausübbar @ $0.025 am oder vor dem 27 November 2012 |
12,000,000 |
| Ausübbar @ $0.05 am oder vor dem 29 November 2012 | 4,000,000 |
1. The Company has entered into an agreement to acquire Innovation West Pty Ltd in consideration for 630,000,000 ordinary shares. These shares are yet to be issued.
2. Each Class A Performance Share will convert into one (1) Ordinary Share when the Company identifies a JORC inferred coal resource of not less than 250 million tonnes of black bitumous coal either within one of the PTRN or PTKP permits or across both permits (the Milestone). If the Milestone is not achieved by February 2011, then all of the Class A Performance Shares will be automatically redeemed by the Company for the sum of $0.00001 per performance share.
3. Each Class B Performance Share will convert into one (1) Ordinary Share in the event that the Company enters into an off take agreement with a suitable buyer who will develop and operate all Mining Operations on the PTRN and PTKP permits and has the financial and operational capacity to undertake the matters set out above (the Milestone). If the Milestone is not achieved by July 2011, then all of the Class B Performance Shares will be automatically redeemed by the Company for the sum of $0.00001 per performance share.
4. Each Class C Performance Share will convert into one (1) Ordinary Share after the Company has mined and sells its first 1 million tonnes of coal (the Milestone). If the Milestone is not achieved by February 2012, then all of these performance shares will be automatically redeemed by the Company for the sum of $0.00001 per performance share.