Saracen Mineral Holdings (SAR) announced on the 24/6/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 22/6/2009 on which shareholders must own the share to participate in the SPP. The closing date for the offer is 17/7/2009. Shares are to be issued on 23/7/2009 and begin trading on 24/7/2009. A maximum of $5,000 can be purchased by each shareholder at $0.18.
Discount : 5.3% Liquidity : Poor Profitability : Ok Stability : Poor
* Note: Discount is based on the closing price on the 24 June 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: SAR, Saracen Minerals, Share Purchase Plan, SPP
