Thought I'd start up a new thread regarding AOR (Aorere Resources), previously WID (Widespread Portfolios), led by Chris Castle. First announcement out from them is more Director's fees in the form of share placement representing ~1% dilution.


Allotment of Shares
8:30am, 7 May 2013 | ALLOT

6 May 2013

Widespread Portfolios Limited Allotment of Shares to Directors in satisfaction of Directors' Fees

Widespread Portfolios Limited (NZX: WID) advises that it has today issued 5,423,182 ordinary shares under NZSX Listing Rule 7.3.7 to its directors at an issue price of $0.011 per share in satisfaction of directors' fees owing as at 31 March 2013. This issue price represents the 20 Business Day volume weighted average price of a Widespread share on the NZSX market.

For and on behalf of the Board,

Chris D Castle
Wellington

Class of security: Ordinary shares
ISIN: NZNZIE0007S5
Number issued: 5,423,182
Issue price: $0.011
Payment in cash: Yes
Fully paid: Yes
Percentage of class: 1.073%
Purpose of the issue: Payment of directors' fees
Authority for issue: Board resolution
Date of issue: 6 May 2013
Total number of securities on issue following allotment: 505,515,342