Expiry of Unlisted Options
Released
Released
Announcement PDF
4 June 2018
ASX Announcement
Expiry of Unlisted Options
Race Oncology Limited (ASX: RAC) hereby advises that the Company has the following options on issue
as at 4 June 2018:
Expiry Date
1 July 2018
30 September 2018
22 November 2019
22 November 2019
1 July 2021
1 August 2021
1 April 2022
8 May 2022
Exercise Price
$0.25
$0.30
$0.49
$0.65
$0.25
$0.256
$0.25
$0.25
Options
10,000,000
9,723,750
1,000,000
1,000,000
9,000,000
135,000
1,500,000
100,000
This follows the accelerated expiry of 1,000,000 unlisted $0.49 options expiring 22 November 2019
and 1,000,000 unlisted $0.65 options expiring 22 November 2019 following the resignation of a
Director in April 2018.
Ends
About Bisantrene
Bisantrene is a small-molecule chemotherapy drug related to the anthracyclines, the most frequently
prescribed cancer drugs and first line of treatment for many cancers, but has been shown to have
greatly reduced cardiac toxicity. Bisantrene was tested in more than 40 clinical studies before it was
lost in a series of pharmaceutical mergers in the 1990s. The initial clinical opportunity for Bisantrene
is for relapsed/refractory AML patients. Race owns two patents on the drug, both of which have
received notice of allowance in the US, and has been granted an Orphan Drug Designation in the US
for AML, which confers seven years of market exclusivity in US from date of FDA approval.
About Race Oncology (RAC.ASX)
Race Oncology is a specialty pharmaceutical company that listed on the Australian Securities Exchange
(ASX) in July 2016. Race’s business model is to pursue later-stage drug assets in the cancer field that
have been overlooked by big pharma. The company’s first asset is Bisantrene, a chemotherapy drug
that was the subject of more than 40 phase II clinical studies during the 1980s and 1990s before it was
lost in a series of big pharma mergers.
Media contact:
Heidi Cuthbert
0411 272 366
E: heidi.cuthbert@multiplier.com.au
Race Oncology Limited ABN 61 149 318 749
Registered office: L2, 710 Collins St, Docklands VIC Australia 3008
www.raceoncology.com
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