Axiom 2014 Annual Report - page 66

Notes to the Financial Statements
for the year ended 30 September 2014
64
Axiom Mining Limited
15. Provisions
2014
$000
2013
$000
Employee benefits payable
153
93
The employee benefits relate to leave provisions and is presented as current as it is expected to be settled within
12 months.
16. Capital and reserves
a. Authorised and issued share capital
2014
$000
2013
$000
Issued and fully paid
3,289,552,750 (2013: 2,335,067,445) ordinary shares
77,902
62,633
2014
2013
Number of
shares
$000
Number of
shares
$000
Movements in issued shares:
Balance at 1 October
2,335,067,445
62,633 1,720,572,899
52,712
Issue of new shares
Share placement issue
332,383,597
5,390 392,399,267
7,800
Shares issued as payment for services
22,966,727
361
2,050,000
–
Shares issued to employees
2,133,334
30
2,650,000
–
Exercise of options
64,208,203
1,119 216,095,279
2,121
Exercise of performance rights
–
–
1,300,000
–
Shares issued under agreement*
144,134,202
1,900
–
–
Shares issued on conversion of convertible notes
224,000,014
3,136
–
–
Shares used for commencement fee for funding facility*
7,956,153
113
–
–
Shares used for Convertible notes*
15,000,000
210
–
–
Rights issue
141,703,075
2,834
–
–
3,289,552,750
77,726 2,335,067,445
62,633
Options exercised during the year and paid but shares not
allotted until after 30 September 2014
–
176
–
–
Balance at 30 September
3,289,552,750
77,902 2,335,067,445
62,633
*as announced 10 February 2014
GROUP FINANCIAL REPORT
1...,56,57,58,59,60,61,62,63,64,65 67,68,69,70,71,72,73,74,75,76,...116
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