FND Finders Res.

 
TIDMFND 
 
AIM Release 
 
14 May 2009 
 
     Capital Structure following Grant of Options to a Director 
 
A total of 2,000,000 options have been granted by Finders Resources 
Limited (Company) for no consideration to an associate of Mr. Robert 
Thomson, a Director of the Company. The grant of these options was 
made in accordance with the Finders Resources Limited Employee 
Incentive Option Scheme and with approval by members of Finders 
Resources Limited at an extraordinary general meeting held on 4 May 
2009. 
 
Exercise price is 30 cents. 
Grant Date: means 8 May 2009. 
Expiry Date: means the date which is 5 years after the Grant Date. 
Vesting Dates: means the dates as follows: 
 
                   (i)                   750,000  options vesting  on 
completion of the  Wetar definitive feasibility  study, evidenced  by 
securing funding sufficient  to proceed to  the development phase  of 
the full scale project, and 
                  (ii)                   1,250,000 options vesting on 
the commencement of commercial production  from the Full Scale  Wetar 
Copper Project. 
 
Exercise Period: means the period from the Vesting Date to the Expiry 
Date. 
Full Scale Wetar Copper Project: means the Wetar copper project 
commissioned to produce the rate approved by the Board following 
completion of a feasibility study. 
 
The capital structure of Finders Resources Ltd ("Finders", AIM & ASX 
ticker FND) following the issue of these Shares is as follows: 
 
 
+-------------------------------------------------------------------+ 
| Type of Security        |  Price per   |            |  Number on  | 
|                         |   security   |            |    Issue    | 
|-------------------------+--------------+------------+-------------| 
| Fully Paid Ordinary     |              |            |             | 
| Shares ("Shares")       |              |            |             | 
|-------------------------+--------------+------------+-------------| 
| Total Shares previously |              |            | 115,548,673 | 
| on issue                |              |            |             | 
|-------------------------+--------------+------------+-------------| 
| Total Shares now on     |              |            | 115,548,673 | 
| issue                   |              |            |             | 
|-------------------------+--------------+------------+-------------| 
|                         |   Exercise   |   Expiry   |             | 
|                         |    Price     |    Date    |             | 
|-------------------------+--------------+------------+-------------| 
| Unlisted Options        |              |            |             | 
|-------------------------+--------------+------------+-------------| 
| Options previously on   |  AUD 68.75   |  13 June   |     500,000 | 
| issue                   |    cents     |    2010    |             | 
|-------------------------+--------------+------------+-------------| 
| Options now on issue    |              |            |     500,000 | 
|-------------------------+--------------+------------+-------------| 
| Options previously on   | AUD 30 cents |  16 April  |     500,000 | 
| issue                   |              |    2012    |             | 
|-------------------------+--------------+------------+-------------| 
| Options now on issue    |              |            |     500,000 | 
|-------------------------+--------------+------------+-------------| 
| Options previously on   | AUD 30 cents |  16 April  |     500,000 | 
| issue                   |              |    2014    |             | 
|-------------------------+--------------+------------+-------------| 
| Options now on issue    |              |            |     500,000 | 
|-------------------------+--------------+------------+-------------| 
| Options previously on   | AUD 30 cents | 8 May 2009 |           - | 
| issue                   |              |            |             | 
|-------------------------+--------------+------------+-------------| 
| Options granted 8 May   |              |            |   2,000,000 | 
| 2009                    |              |            |             | 
|-------------------------+--------------+------------+-------------| 
| Options now on issue    |              |            |   2,000,000 | 
|-------------------------+--------------+------------+-------------| 
| Total Unlisted Options  |              |            |   3,500,000 | 
| on issue                |              |            |             | 
|-------------------------+--------------+------------+-------------| 
| Convertible Notes       |              |            |         AUD | 
|-------------------------+--------------+------------+-------------| 
| Total value of          | AUD 37 cents | 19 January |   2,323,972 | 
| convertible notes now   |              | 2012       |             | 
| on issue                |              |            |             | 
+-------------------------------------------------------------------+ 
 
 
For further information please contact 
 
Finders Resources Ltd: 
Russell         Executive Chairman          +61 2 9211 8299 
Fountain 
Chris Farmer    Managing Director           info@findersresources.com 
Financial PR: 
Doug Macdonald  Capital      Group      (in +61 424 255 959 
                Australia) 
Nick Elwes      College Hill (in the UK)    +44 20 7457 2020 
RFC Corporate Finance Ltd - Nomad: 
Rob Adamson     Managing Director           +61 2 9250 0000 
Stuart Laing    Executive Director          +61 8 9480 2500 
FinnCap -  Finders' Broker for the AIM market: 
Mathew Robinson Corporate Finance Director  +44 20 7600 1658 
Joe Lunn        Analyst                     +44 20 7600 1658 
 
=--END OF MESSAGE--- 
 
 
 
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement. 
 

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