Advanced Magnesium (ANM) announced on the 27/5/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 31/5/2010 on which shareholders must own the share to participate in the SPP. The closing date is 30/6/2010. Shares will be issued on 12/7/2010 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $0.052.
Discount : -4.0%% Liquidity : Poor Profitability : Ok Stability : Poor
* Note: Discount is based on the closing price on the 1 June 2010.
Tags: Advanced Magnesium, ANM, Share Purchase Plan, SPP
