RIM Capital (RMC) announced on the 29/4/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was 29/4/2009 on which shareholders must own the share to participate in the SPP and the closing date is 5/6/2009. Shares are expected to be issued on 19/5/2009 and begin trading soon after. A maximum of $5,000 can be purchased by each shareholder at $0.05 or a discount of 20% to the Volume Weighted Average Price (VWAP) prior to the issue date.
Tags: Rim Capital, RMC, Share Purchase Plan, SPP
