White Energy Corporation (WEC) announced on the 29/5/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the29/5/2009 on which shareholders must own the share to participate in the SPP and the closing date is 26/6/2009. Shares are to be issued on 3/7/2009 and begin trading on 6/7/2009. A maximum of $5,000 can be purchased by each shareholder at $1.50.
Discount : 15% Liquidity : Ok Profitability : Ok Stability : Ok
* Note: Discount is based on the closing price on the 29 May 2009.
For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/
To Buy Shares And Participate in Share Purchase Plans use Trader Dealer http://www.traderdealer.com.au/
Tags: Share Purchase Plan, SPP, WEC, White Energy Corporation
