Conversion of Performance Rights
Released
Released
Announcement PDF
ASX ANNOUNCEMENT
4 SEPTEMBER 2024
Conversion of Performance Rights
Far East Gold Ltd (ASX:FEG) (FEG or Company) advises that in accordance with the terms of the
Company’s Incentive Entitlements Plan Rules (Rules) 400,000 unlisted performance rights expiring 31
December 2024 (Performance Rights), have now vested following satisfaction of the following condition:
1. 100% of the Company’s environmental, social, governance, health and safety objectives have been
met as at 31 December 2023.
Following vesting, the Performance Rights have now been exercised into a total of 400,000 fully paid
ordinary shares (Shares). 100,000 shares have been issued to each of 3 current directors, Mr Justin
Werner, Mr Shane Menere and Mr Paul Walker. A further 100,000 shares have been issued to a former
director of the Company. The Company will seek quotation of the Shares.
At the same time 600,000 Performance Rights were cancelled.
Appendices 2A, 3H and 3Y will be lodged shortly.
Cleansing Notice
The Company issued the Shares without disclosure to investors under Part 6D.2 of the Corporations Act
2001 (Cth) (Act). For the purposes of section 708A(5)(e) of the Act, the Company notifies ASX that:
1. the Shares were issued without disclosure to investors under Part 6D.2 of the Act;
2. this notice is being given under section 708A(5)(e) of the Act;
3. as at the date of this notice, the Company has complied with:
a. the provisions of Chapter 2M of the Act as they apply to the Company; and
b. section 674 of the Act; and
4. as at the date of this notice, there is no information that:
a. has been excluded from a continuous disclosure notice given to ASX in accordance with
the ASX Listing Rules; and
b. investors and their professional advisers would reasonably require for the purpose of
making an informed assessment of:
c.
the assets and liabilities, financial position and performance, profits and losses and
prospects of the Company; or
d. the rights and liabilities attaching to fully paid ordinary shares.
FAR EAST GOLD ASX ANNOUNCEMENT
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Authorised for release by the Managing Director.
FURTHER INFORMATION:
To receive company updates and investor information from Far East Gold, register your details on the
investor portal: https://fareastgold.investorportal.com.au/register/
MEDIA ENQUIRIES
Justin Werner
Chairman
e: justin.werner@fareast.gold
m: + 61 418 242 809
Shane Menere
Chief Executive Officer
e: shane.menere@fareast.gold
m: + 61 406 189 672
+ 62 811 860 8378
Tim Young
Investor Relations & Capital Markets
e: tim.young@fareast.gold
m: + 61 484 247 771
MEDIA ENQUIRIES
Sophie Bradley
IR Executive
Reach Markets
e: IR@reachmarkets.com.au
m: +61 450 423 331
ABOUT FAR EAST GOLD:
Far East Gold Limited (ASX: FEG) is an ASX listed copper/gold exploration company with six advanced
projects in Australia and Indonesia.
FAR EAST GOLD ASX ANNOUNCEMENT
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