Pioneer Resources (PIO) announced on the 26/8/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 25/8/2010 on which shareholders must own the share to participate in the SPP. The closing date is 22/9/2010. Shares will be issued on 27/9/2010 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $0.03.
Discount : 0.0% Liquidity : Poor Profitability : Ok Stability : Poor
* Note: Discount is based on the closing price on the 26 August 2010.
Tags: PIO, Pioneer Resources, Share Purchase Plan, SPP
