Icon Resources (III) announced on the 6/4/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 1/4/2010 on which shareholders must own the share to participate in the SPP. The closing date is 21/5/2010. Shares will be issued on 28/5/2010 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $0.075.
Discount : 12.8% Liquidity : Poor Profitability : Ok Stability : Poor
* Note: Discount is based on the closing price on the 6 April 2010.
Tags: Icon Resources, III, Share Purchase Plan, SPP
