La Trobe Magnesium (LMG) announced on the 16/11/2011 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 15/11/2011 on which shareholders must own the share to participate in the SPP. The closing date is 7/12/2011. Shares will be issued soon after. A maximum of $15,000 can be purchased by each shareholder at $0.023.
Discount : 17.9% Liquidity : Poor Profitability : Poor Stability : Poor
*Note: Discount is based on the closing price on the 16 November 2011.
