Hillgrove Resources (HGO) announced on the 13/7/2012 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 12/7/2012 on which shareholders must own the share to participate in the SPP. The closing date is 17/8/2012. Shares will be issued soon after. A maximum of $15,000 can be purchased by each shareholder at $0.085 or a 5% discount to volume weighted average price.
Discount : -1.2% Liquidity : Poor Profitability : Poor Stability : Poor
| www.hillgrove.com |
*Note: Discount is based on the closing price on the 13 July 2012
Tags: HGO, Hillgrove Resources, Share Purchase Plan, SPP
