Ragnar Metals Limited (ASX:RAG) has advised that 91,368,444 quoted options (ASX:RAGOD), exercisable at $0.03 each, will expire at 5.00pm Western Standard Time on 2 December 2026 if not exercised prior to that deadline.

Key Points

  • 91,368,444 listed options (ASX:RAGOD) are set to expire at 5.00pm WST on 2 December 2026
  • Each RAGOD option carries an exercise price of $0.03 per option
  • Official quotation of the options will cease on 26 November 2026
  • The market price of Ragnar Metals ordinary shares on 3 November 2026 was $0.015
  • No underwriting agreement exists in respect of the options

RAGOD Listed Option Expiry Terms

According to the filing, Ragnar Metals' 91,368,444 quoted RAGOD options are exercisable at $0.03 each, with payment of the exercise price due no later than 5.00pm WST on 2 December 2026. Each RAGOD option entitles the holder to receive one fully paid ordinary share in the company upon exercise. The filing states that if all options were exercised, 91,368,444 new shares would be issued. If payment is not received by the specified deadline, the RAGOD options will expire with no value and no further entitlement will exist for holders.

Cessation of Quotation and Share Price Details

The filing discloses that official quotation of the RAGOD options on the ASX will cease on 26 November 2026, ahead of the 2 December 2026 expiry date. Ragnar Metals also disclosed that the market price of its fully paid ordinary shares on 3 November 2026, being the last trading day prior to the date of the notice, was $0.015. During the three months immediately preceding the date of the filing, the highest market price of ordinary shares was $0.026, recorded on 1 September 2026, and the lowest market price was $0.014, recorded on 19 October 2026.

No Underwriting Arrangement for the Options

The company confirmed in the filing that no underwriting agreement exists in respect of the RAGOD options. The filing was approved for release by the Board of the company and is directed at option holders who hold the 91,368,444 quoted RAGOD options currently on issue. Option holders who do not submit payment of the $0.03 exercise price per option by 5.00pm WST on 2 December 2026 will receive no value from the options, and no further entitlement will exist following the expiry of that deadline.