Barra Resources (BAR) announced on the 21/9/2011 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 16/9/2011 on which shareholders must own the share to participate in the SPP. The closing date is 21/10/2011. Shares will be issued soon after. A maximum of $15,000 can be purchased by each shareholder at $0.03.
Discount : -15.9% Liquidity : Poor Profitability : Ok Stability : Poor
*Note: Discount is based on the closing price on the 22 September 2011.
Tags: BAR, Barra Resource, Share Purchase Plan, SPP
