Posts Tagged ‘LSL’

Share Purchase Plan: Luminus Systems

Monday, January 31st, 2011

Luminus Systems (LSL) announced on the 21/1/2011 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 27/1/2011 on which shareholders must own the share to participate in the SPP. The closing date is 8/3/2011.  Shares will be issued on 18/3/2011 and begin trading soon after.   A maximum of $15,000 can be purchased by each shareholder at $0.045.

Discount :  25.0% Liquidity : Poor Profitability : Ok  Stability : Poor

www.luminussystems.com

*Note: Discount is based on the closing price on the 28 January 2011.

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