Norwest Energy (NWE) announced on the 28/7/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 27/7/2010 on which shareholders must own the share to participate in the SPP. The closing date is 20/8/2010. Shares will be issued soon after. A maximum of $15,000 can be purchased by each shareholder at $0.026.
Discount : 7.1% Liquidity : Poor Profitability : Ok Stability : Poor
* Note: Discount is based on the closing price on the 28 July 2010.
Tags: Norwest Energy, NWE, Share Purchase Plan, SPP
