Cloncurry Metals (CLU) announced on the 22/10/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 21/10/2010 on which shareholders must own the share to participate in the SPP. The closing date is 23/11/2010. Shares will be issued on 30/11/2010 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $0.032.
Discount : 41.8% Liquidity : Poor Profitability : Ok Stability : Poor
*Note: Discount is based on the closing price on the 22 October 2010.
Tags: Cloncurry Metals, CLU, Share Purchase Plan, SPP
