Share Purchase Plan: Lynas Corporation

March 31st, 2011

Lynas Corporation (LYC) announced on the 30/3/2011 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 29/3/2011 on which shareholders must own the share to participate in the SPP. The closing date is 21/4/2011.  Shares will be issued on 29/4/2011 and begin trading on 3/5/2011.   A maximum of $5,000 can be purchased by each shareholder at $2.07 or a 2.5% discount to the volume weighted average price.

Discount :  5.0% Liquidity : Good Profitability : Ok  Stability : Good

www.lynascorp.com

*Note: Discount is based on the closing price on the 22 March 2011.


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One Response to “Share Purchase Plan: Lynas Corporation”

  1. m lenox says:

    Great news for Lynas. Will those holding shares of LYSCF be eligible for the SPP?

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