Maxi Trans (MXI) announced on the 26/03/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is 19/03/2009 on which shareholders must own the share to participate in the SPP and the closing date is 16/04/2009. Shares are expected to be issued on 24/04/2009 and commence trading on 29/04/2009. A maximum of $5,000 can be purchased by each shareholder at a discount of 5% to the VWAP.
Tags: Maxi Trans, MXI, Share Purchase Plan, SPP
