Bos Glb Hldgs Regulatory News (BOS)

23 May 2005 13:34

Murchison United NL23 May 2005 ASX,AIM and Media Release 23rd May 2005 ISSUE OF OPTIONS TO DIRECTORS AND OFFICER OF THE COMPANY Attached is an Appendix 3B relating to the issue of 7,500,000 options toDirectors and an officer of the Company. The issue of options to the Directorswas approved by shareholders at a general meeting held on 20th April 2005. Please call Mark Reilly or Joe Schiavi with any queries. ............................ Mark Reilly Executive Director Rule 2.7, 3.10.3, 3.10.4, 3.10.5 Appendix 3B New issue announcement, application for quotation of additional securities and agreement Information or documents not available now must be given to ASX as soon asavailable. Information and documents given to ASX become ASX's property and maybe made public. Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003. Name of entity Murchison United NL ABN 009 087 852 We (the entity) give ASX the following information. Part 1 - All issues You must complete the relevant sections (attach sheets if there is not enoughspace). 1 +Class of +securities issued or to be Unlisted options issued 2 Number of +securities issued or to be 7,500,000 issued (if known) or maximum number which may be issued 3 Principal terms of the +securities (eg, Unlisted options exercisable at A$0.055 on or before the if options, exercise price and expiry 19th May 2010 date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion) 4 Do the +securities rank equally in all Unlisted options respects from the date of allotment with an existing +class of quoted +securities? If the additional securities do not rank equally, please state: • the date from which they do • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment 5 Issue price or consideration Nil Purpose of the issue Unlisted options 6 (If issued as consideration for the acquisition of assets, clearly identify those assets) 7 Dates of entering +securities into 25.5.05 uncertificated holdings or despatch of certificates Number +Class8 Number and +class of all 271,132,594 Ordinary Shares +securities quoted on ASX (including the securities in clause 2 if applicable) Number +Class 9 Number and +class of all +securities 2,250,000 25 cent partly paid not quoted on ASX (including the ordinary shares paid to 1 securities in clause 2 if applicable) cent 200,000 Unquoted options exercisable at $1.14 on or before 8th August 2005 350,000 Unquoted options exercisable at $0.46 on or before the 1st July 2007 7,500,000 Unquoted options exercisable at A$0.05 on or before the 19th May 2005 10 Dividend policy (in the case of a Not Applicable trust, distribution policy) on the increased capital (interests) Part 2 - Bonus issue or pro rata issue Questions 11 to 33 Not applicable Part 3 - Quotation of securities You need only complete this section if you are applying for quotation ofsecurities 34 Type of securities (tick one) (a) Securities described in Part 1 (b) FORMCHECKBOX All other securities Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities Entities that have ticked box 34(a) Additional securities forming a new class of securities Tick to indicate you are providing the informationor documents Questions 35 to 42 - Not applicable Quotation agreement 1 +Quotation of our additional +securities is in ASX's absolutediscretion. ASX may quote the +securities on any conditions it decides. 2 We warrant the following to ASX. • The issue of the +securities to be quoted complies with the law andis not for an illegal purpose. • There is no reason why those +securities should not be granted+quotation. • An offer of the +securities for sale within 12 months after theirissue will not require disclosure under section 707(3) or section 1012C(6) ofthe Corporations Act. Note: An entity may need to obtain appropriate warranties from subscribers forthe securities in order to be able to give this warranty • Section 724 or section 1016E of the Corporations Act does not applyto any applications received by us in relation to any +securities to be quotedand that no-one has any right to return any +securities to be quoted undersections 737, 738 or 1016F of the Corporations Act at the time that we requestthat the +securities be quoted. • We warrant that if confirmation is required under section 1017F ofthe Corporations Act in relation to the +securities to be quoted, it has beenprovided at the time that we request that the +securities be quoted. • If we are a trust, we warrant that no person has the right to returnthe +securities to be quoted under section 1019B of the Corporations Act at thetime that we request that the +securities be quoted. 3 We will indemnify ASX to the fullest extent permitted by law inrespect of any claim, action or expense arising from or connected with anybreach of the warranties in this agreement. 4 We give ASX the information and documents required by this form. Ifany information or document not available now, will give it to ASX before+quotation of the +securities begins. We acknowledge that ASX is relying on theinformation and documents. We warrant that they are (will be) true andcomplete. Sign here: .....Joe Schiavi...............................................Date:....23.5.05................ (Director/Company secretary) Print name: ...Joe Schiavi..................................................... This information is provided by RNS The company news service from the London Stock Exchange