8 MILE Dam, Menzies WA

8 MILE Dam, Menzies WA

On 23 July 2020, the Department of Mines, Industry Regulations and Safety (DMIRS) granted the 8 Mile Dam project Exploration Licence Application (E29/1080). EMU’s geologists have since conducted a successful reconnaissance field trip directed at checking historical...


Fully Paid Ordinary Shares (ASX:EMU)

549,814,484 fully paid ordinary shares

Partly-Paid Contributing Shares (ASX:EMUCA)

40,485,069 partly-paid ordinary shares, paid to $0.03, $0.03 yet to be paid, no call to be made before 31.12.2023

Performance Rights

48,571,429 performance rights which will vest and convert into 48,571,429 fully paid ordinary shares upon EMU announcing (in relation to the Gnows Nest project by 22 September 2025) either (i) a JORC Indicated Resource which includes at least 50,000oz Au grading >3.5g/t Au or (ii) a JORC Reserve of at least 34,000oz Au (excluding the current resource inventory)

 Options to acquire fully paid ordinary shares (Unquoted)

33,320,000 options exercisable at $0.075 each, expiry 15.3.2023




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