Rey Resources (REY) announced on the 23/10/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 26/10/2009 on which shareholders must own the share to participate in the SPP. The closing date is 25/11/2009. Shares will be issued on 2/12/2009 and begin trading on 3/12/2009. A maximum of $10,000 can be purchased by each shareholder at $0.20. The offer is underwritten.
Discount : 21.6% Liquidity : Ok Profitability : Ok Stability : Ok
* Note: Discount is based on the closing price on the 26 October 2009.
Tags: REY, Rey Resources, Share Purchase Plan, SPP
