Rialto Energy (RIA) announced on the 15/7/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 14/7/2010 on which shareholders must own the share to participate in the SPP. The closing date is 30/9/2010. Shares will be issued on 5/10/2010 and begin trading on 5/10/2010. A maximum of $10,000 can be purchased by each shareholder at $0.30.
Discount : 14.3% Liquidity : Poor Profitability : Ok Stability : Poor
www.rialtoenergy.com.au
* Note: Discount is based on the closing price on the 8 September 2010.
Tags: RIA, Rialto Energy, Share Purchase Plan, SPP
