Phoenix Copper (PNX) announced on the 3/6/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 2/6/2010 on which shareholders must own the share to participate in the SPP. The closing date is 30/6/2010. Shares will be issued on 7/7/2010 and begin trading on 8/7/2010. A maximum of $15,000 can be purchased by each shareholder at $0.16.
Discount : 15.8% Liquidity : Poor Profitability : Ok Stability : Poor
www.phoenixcopper.com.au
* Note: Discount is based on the closing price on the 3 June 2010.
Tags: Phoenix Copper, PNX, Share Purchase Plan, SPP
