Rialto Energy (RIA) announced on the 27/1/2012 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 25/1/2012 on which shareholders must own the share to participate in the SPP. The closing date is 15/2/2012. Shares will be issued on 21/2/2012 and begin trading on 22/2/2012. A maximum of $15,000 can be purchased by each shareholder at $0.30.
Discount : 9.1% Liquidity : Poor Profitability : Poor Stability : Poor
*Note: Discount is based on the closing price on the 27 January 2012.