Korab Resources (KOR) announced on the 24/1/2011 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 21/1/2011 on which shareholders must own the share to participate in the SPP. The closing date is 18/2/2011. Shares will be issued on 21/2/2011 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $0.33.
Discount : 4.3% Liquidity : Poor Profitability : Ok Stability : Poor
*Note: Discount is based on the closing price on the 24 January 2011.
Tags: KOR, Korab Resources, Share Purchase Plan, SPP
