Noble Mineral Resources (NMG) announced on the 21/4/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 11/5/2010 on which shareholders must own the share to participate in the SPP. The closing date is 4/6/2010. Shares will be issued on 15/6/2010 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $0.30. The offer is underwritten up to $2 million.
Discount : 29.4% Liquidity : Poor Profitability : Ok Stability : Poor
* Note: Discount is based on the closing price on the 21 April 2010.
Tags: NMG, Noble Mineral Resources, Share Purchase Plan, SPP
