IPB Petroleum Limited “IPB” (ASX:IPB) advises that 875,000 unlisted employee options with an exercise price of $0.2288 expired on 31 July 2013.
Following the expiry of the above unlisted employee options, IPB’s capital structure comprises:
- A total of 98,831,100 ordinary shares fully paid on issue of which 56,892,578 are ASX Restricted Securities (Unquoted)
- Nil Options on Issue
- No Debt, and
- A cash balance as at end June 2013 of $2.6 million.
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