Clancy Exploration (CLY) announced on the 25/11/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 3/12/2009 on which shareholders must own the share to participate in the SPP. The closing date is 21/12/2009. Shares will be issued on 29/12/2009 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $0.13.
Discount : 23.5% Liquidity : Poor Profitability : Ok Stability : Poor
* Note: Discount is based on the closing price on the 25 November 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: Clancy Exploration, CLY, Share Purchase Plan, SPP
