Fairstar Resources (FAS) announced on the 8/2/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 15/2/2010 on which shareholders must own the share to participate in the SPP. The closing date is 5/3/2010. Shares will be issued on 9/3/2010 and begin trading on 12/3/2010. A maximum of $15,000 can be purchased by each shareholder at $0.05.
Discount : 23.1% Liquidity : Poor Profitability : Ok Stability : Poor
* Note: Discount is based on the closing price on the 8 February 2010.
Tags: Fairstar Resources, FAS, Share Purchase Plan, SPP
