East Coast Minerals (ECM) announced on the 26/11/2009 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 18/12/2009. Shares will be issued on 23/12/2009 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $0.06.
Discount : 36.8% Liquidity : Poor Profitability : Ok Stability : Poor
* Note: Discount is based on the closing price on the 26 November 2009.
Tags: East Coast Minerals, ECM, Share Purchase Plan, SPP
