Capital Structure

As at 7 December 2017

ASX Code
 MUS
Shares on Issue 767,937,323
Unquoted Performance Rights* 14,000,000
Options  138,192,975

* Vest upon Mustang proving a JORC Compliant Inferred Graphite Resource of a minimum of 50 Million tonnes @ >5% Total Graphitic Content, on any of the Balama licences on or before 31 December 2019

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