East Africa Reources (EAF) announced on the 2/8/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 30/7/2010 on which shareholders must own the share to participate in the SPP. The closing date is 10/9/2010. Shares will be issued on 15/9/2010 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $0.125.
Discount : 7.4% Liquidity : Poor Profitability : Ok Stability : Poor
* Note: Discount is based on the closing price on the 2 August 2010.
