Hydromet Corporation (HMC) announced on the 27/10/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 28/10/2009 on which shareholders must own the share to participate in the SPP. The closing date is 30/11/2009. Shares will be issued on 7/12/2009 and begin trading on 11/12/2009. A maximum of $15,000 can be purchased by each shareholder at $0.04.
Discount : 16.7% Liquidity : Poor Profitability : Good Stability : Poor
* Note: Discount is based on the closing price on the 27 October 2009.
Tags: HMC, Hydromet Corporation, Share Purchase Plan, SPP
