LAPSE OF SILVER MINES LIMITED 6 JULY 2012 UNLISTED OPTIONS
Silver Mines Limited (ASX Code: SVL) advises that 3,500,000 unlisted options, exercisable at $0.20 and
expiring 6 July 2012 have lapsed.
Quoted Securities
Number & class of all securities quoted on ASX:
Number Class
148,611,201 Fully Paid Ordinary Shares.
13,609,882 Options, listed, exercise price 35 cents, expiring 31 October 2012.
Unquoted Securities
Number & class of all securities not quoted on ASX:
Number Class
6,252,376 Unlisted Options, exercise price 10 cents, expiry 13 November 2013.
2,000,000 Unlisted Options, exercise price 24 cents, expiry 27 August 2012.
2,000,000 Unlisted Options, exercise price 40 cents, expiry 27 August 2013.
8,500,000 Unlisted Employee Options, exercise price 50 cents, expiry 23 December 2015.
3,000,000 Performance Rights
Attached Appendix 3B and Appendix 3Y's (x3).
Yours sincerely
Kevin Lynn
Company Secretary
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 as available. Information and
documents given to ASX become ASX's property and may be 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, 24/10/2005.
Name of entity
Silver Mines Limited
ACN
107 452 942
We (the entity) give ASX the following information.
Part 1 - All issues
You must complete the relevant sections (attach sheets if there is not enough space).
1 +Class of +securities issued or to
be issued
2 Number of +securities issued or to
be issued (if known) or maximum
number which may be issued
3 Principal terms of the +securities
(eg, if options, exercise price and
expiry 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 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
6 Purpose of the issue
(If issued as consideration for the
acquisition of assets, clearly
identify those assets)
7 Dates of entering +securities
into uncertificated holdings or
despatch of certificates
Number +Class
8 Number and +class of all 148,611,201 Fully Paid Ordinary
+securities quoted on ASX Shares
(including the securities in
clause 2 if applicable) 13,609,882 Options, listed,
exercise price 35 cents,
expiring 31 October 2012
Number +Class
9 Number and +class of all 6,252,376 Unlisted Options,
+securities not quoted on ASX exercise price 10 cents,
(including the securities in Expiry 13 November 2012
clause 2 if applicable)
2,000,000 Unlisted Options,
exercise price 24 cents,
Expiry 27 August 2012.
Vest 27 February 2011
2,000,000 Unlisted Options,
exercise price 40 cents,
Expiry 27 August 2013.
Vest - 27 August 2011
8,500,000 Unlisted Employee
Options, exercise price
50 cents, Expiry Date 23
December 2015
3,000,000 Performance Rights
10 Dividend policy (in the case of a Unchanged
trust, distribution policy) on
the increased capital (interests)
Part 2 - Bonus issue or pro rata issue
11 Is security holder approval N/A
required?
12 Is the issue renounceable or non- N/A
renounceable?
13 Ratio in which the +securities N/A
will be offered
14 +Class of +securities to which the N/A
offer relates
15 +Record date to determine N/A
entitlements
16 Will holdings on different N/A
registers (or subregisters) be
aggregated for calculating
entitlements?
17 Policy for deciding entitlements N/A
in relation to fractions
18 Names of countries in which the N/A
entity has +security holders who
will not be sent new issue
documents
Note: Security holders must be
told how their entitlements are to
be dealt with.
Cross reference: rule 7.7.
19 Closing date for receipt of N/A
acceptances or renunciations
20 Names of any underwriters N/A
21 Amount of any underwriting fee or N/A
commission
22 Names of any brokers to the issue N/A
23 Fee or commission payable to the N/A
broker to the issue
24 Amount of any handling fee payable N/A
to brokers who lodge acceptances
or renunciations on behalf of
+security holders
25 If the issue is contingent on N/A
+security holders' approval, the
date of the meeting
26 Date entitlement and acceptance N/A
form and prospectus or Product
Disclosure Statement will be sent
to persons entitled
27 If the entity has issued options, N/A
and the terms entitle option
holders to participate on
exercise, the date on which
notices will be sent to option
holders
28 Date rights trading will begin (if N/A
applicable)
29 Date rights trading will end (if N/A
applicable)
30 How do +security holders sell N/A
their entitlements in full through
a broker?
31 How do +security holders sell part N/A
of their entitlements through a
broker and accept for the balance?
32 How do +security holders dispose N/A
of their entitlements (except by
sale through a broker)?
33 +Despatch date N/A
Part 3 - Quotation of securities
You need only complete this section if you are applying for quotation of securities
34 Type of securities
(tick one)
(a) x Securities described in Part 1
(b) 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 information or documents
35 If the +securities are +equity securities, the names of the 20 largest holders of
the additional +securities, and the number and percentage of additional +securities
held by those holders
36 If the +securities are +equity securities, a distribution schedule of the
additional +securities setting out the number of holders in the categories
1 - 1,000
1,001 - 5,000
5,001 - 10,000
10,001 - 100,000
100,001 and over
37 A copy of any trust deed for the additional +securities
Entities that have ticked box 34(b)
38 Number of securities for which N/A
+quotation is sought
39 Class of +securities for which
quotation is sought N/A
40 Do the +securities rank equally in N/A
all 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
41 Reason for request for quotation
now N/A
Example: In the case of restricted
securities, end of restriction
period
(if issued upon conversion of
another security, clearly identify
that other security)
Number +Class
42 Number and +class of all N/A N/A
+securities quoted on ASX
(including the securities in clause
38)
Quotation agreement
1 +Quotation of our additional +securities is in ASX's absolute discretion. 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 and is 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 their issue will not
require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.
Note: An entity may need to obtain appropriate warranties from subscribers for the
securities in order to be able to give this warranty
* Section 724 or section 1016E of the Corporations Act does not apply to any
applications received by us in relation to any +securities to be quoted and that no-
one has any right to return any +securities to be quoted under sections 737, 738 or
1016F of the Corporations Act 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 return the +securities
to be quoted under section 1019B of the Corporations Act at the time that we request
that the +securities be quoted.
3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or
expense arising from or connected with any breach of the warranties in this agreement.
4 We give ASX the information and documents required by this form. If any information or
document not available now, will give it to ASX before +quotation of the +securities begins.
We acknowledge that ASX is relying on the information and documents. We warrant that they are
(will be) true and complete.
Sign here: ...................................................... Date: 9 July 2012
(Director/Company Secretary)
Print name: Kevin Martin Lynn
== == == == ==
+ See chapter 19 for defined terms.
24/10/2005 Appendix 3B
Rule 3.19A.2
Appendix 3Y
Change of Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and
documents given to ASX become ASX's property and may be made public.
Introduced 30/09/01 Amended 01/01/11
Name of entity Silver Mines Limited
ACN 107 452 942
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the
director for the purposes of section 205G of the Corporations Act.
Name of Director David Sutton
Date of last notice 10 June 2011
Part 1 - Change of director's relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity
of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of
"notifiable interest of a director" should be disclosed in this part.
Direct or indirect interest Indirect / Direct
Nature of indirect interest Karela Giselle Pty Ltd
(including registered holder) Optex Exchange Pty Ltd
Note: Provide details of the circumstances giving HH Sutton Nominees Pty Ltd
rise to the relevant interest. David Sutton
Date of change 6 July 2012
No. of securities held prior to change 2,268,114 Ordinary Shares, 500,000 Unlisted
Employee Options exercisable at 20 cents,
expiring 6 July 2012, 2,000,000 director
options exercisable at 50 cents, 1,000,000
Performance Rights
Class
Number acquired
Number disposed 500,000 unlisted options
Value/Consideration Nil
Note: If consideration is non-cash, provide details
and estimated valuation
No. of securities held after change 2,268,114 Ordinary Shares, 2,000,000 director
options exercisable at 50 cents, 1,000,000
Performance Rights
Nature of change Lapse of Options
Example: on-market trade, off-market trade,
exercise of options, issue of securities under
dividend reinvestment plan, participation in
buy-back
Part 2 - Change of director's interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of
"notifiable interest of a director" should be disclosed in this part.
Detail of contract N/A
Nature of interest N/A
Name of registered holder N/A
(if issued securities)
Date of change N/A
No. and class of securities to which N/A
interest related prior to change
Note: Details are only required for a
contract in relation to which the
interest has changed
Interest acquired N/A
Interest disposed N/A
Value/Consideration N/A
Note: If consideration is non-cash,
provide details and an
estimated valuation
Interest after change N/A
Part 3 - +Closed period
Were the interests in the securities or contracts detailed above No
traded during a +closed period where prior written clearance was
required?
If so, was prior written clearance provided to allow the trade N/A
to proceed during this period?
If prior written clearance was provided, on what date was this N/A
provided?
+ See chapter 19 for defined terms.
01/01/2011 Appendix 3Y
Rule 3.19A.2
Appendix 3Y
Change of Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and
documents given to ASX become ASX's property and may be made public.
Introduced 30/09/01 Amended 01/01/11
Name of entity Silver Mines Limited
ACN 107 452 942
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the
director for the purposes of section 205G of the Corporations Act.
Name of Director Malcolm Bird
Date of last notice 10 June 2011
Part 1 - Change of director's relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity
of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of
"notifiable interest of a director" should be disclosed in this part.
Direct or indirect interest (1) Indirect (2) Direct
Nature of indirect interest (1) Malcolm Bird trustee for Malcolm Bird
(including registered holder) Super Fund (2) Malcolm Bird
Note: Provide details of the circumstances giving
rise to the relevant interest.
Date of change 6 July 2012
No. of securities held prior to change (1) 538,350 - Ordinary fully paid
shares
(2) 93,500 Ordinary fully paid shares
(2) 500,000 Unlisted Employee Options
exercisable at 20 cents, expiring 6 July
2012
(2) 2,000,000 director options exercisable at
50 cents,
(2) 1,000,000 Performance Rights
Class
Number acquired
Number disposed 500,000 unlisted options
Value/Consideration Nil
Note: If consideration is non-cash, provide details
and estimated valuation
No. of securities held after change 1 538,350 - Ordinary fully paid shares
2 93,500 Ordinary fully paid shares
2 2,000,000 director options
exercisable at 50 cents,
2 1,000,000 Performance Rights
Nature of change Lapse of Options
Example: on-market trade, off-market trade,
exercise of options, issue of securities
under dividend reinvestment plan,
participation in buy-back
Part 2 - Change of director's interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of
"notifiable interest of a director" should be disclosed in this part.
Detail of contract N/A
Nature of interest N/A
Name of registered holder N/A
(if issued securities)
Date of change N/A
No. and class of securities to which N/A
interest related prior to change
Note: Details are only required for a
contract in relation to which the
interest has changed
Interest acquired N/A
Interest disposed N/A
Value/Consideration N/A
Note: If consideration is non-cash,
provide details and an
estimated valuation
Interest after change N/A
Part 3 - +Closed period
Were the interests in the securities or contracts detailed above No
traded during a +closed period where prior written clearance was
required?
If so, was prior written clearance provided to allow the trade N/A
to proceed during this period?
If prior written clearance was provided, on what date was this N/A
provided?
+ See chapter 19 for defined terms.
01/01/2011 Appendix 3Y
Rule 3.19A.2
Appendix 3Y
Change of Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and
documents given to ASX become ASX's property and may be made public.
Introduced 30/09/01 Amended 01/01/11
Name of entity Silver Mines Limited
ACN 107 452 942
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the
director for the purposes of section 205G of the Corporations Act.
Name of Director Charles Straw
Date of last notice 10 June 2011
Part 1 - Change of director's relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity
of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of
"notifiable interest of a director" should be disclosed in this part.
Direct or indirect interest Direct / Indirect
Nature of indirect interest (1) DAVCHA HOLDINGS PTY LTD
(including registered holder) <DAVACH INVESTMENT A/C>
Note: Provide details of the circumstances giving (2) Charles Straw
rise to the relevant interest.
Date of change 6 July 2012
No. of securities held prior to change 563,532 Ordinary Shares, 500,000 Unlisted
Employee Options exercisable at 20 cents,
expiring 6 July 2012 , 165,000 ordinary shares,
2,000,000 director options exercisable at 50
cents, 1,000,000 Performance Rights
Class
Number acquired
Number disposed 500,000 unlisted options
Value/Consideration Nil
Note: If consideration is non-cash, provide details
and estimated valuation
No. of securities held after change 563,532 Ordinary Shares, 165,000 ordinary
shares, 2,000,000 director options exercisable
at 50 cents, 1,000,000 Performance Rights
Nature of change Lapse of Options
Example: on-market trade, off-market trade,
exercise of options, issue of securities
under dividend reinvestment plan,
participation in buy-back
Part 2 - Change of director's interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of
"notifiable interest of a director" should be disclosed in this part.
Detail of contract N/A
Nature of interest N/A
Name of registered holder N/A
(if issued securities)
Date of change N/A
No. and class of securities to which N/A
interest related prior to change
Note: Details are only required for a
contract in relation to which the
interest has changed
Interest acquired N/A
Interest disposed N/A
Value/Consideration N/A
Note: If consideration is non-cash,
provide details and an estimated
valuation
Interest after change N/A
Part 3 - +Closed period
Were the interests in the securities or contracts detailed above No
traded during a +closed period where prior written clearance was
required?
If so, was prior written clearance provided to allow the trade N/A
to proceed during this period?
If prior written clearance was provided, on what date was this N/A
provided?
+ See chapter 19 for defined terms.
01/01/2011 Appendix 3Y