Gulf Mines (GLM) announced on the 12/8/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 11/8/2010 on which shareholders must own the share to participate in the SPP. The closing date is 3/9/2010. Shares will be issued on 10/9/2010 and begin trading on 17/9/2010. A maximum of $15,000 can be purchased by each shareholder at $0.02.
Discount : -5.3% Liquidity : Poor Profitability : Ok Stability : Poor
* Note: Discount is based on the closing price on the 12 August 2010.
