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Wolf Minerals Limited (ASX:WLF) announced a shareholder purchase plan to subscribe for additional shares in the Company to a maximum value of $2,000,000
As quoted in the press release:
Shareholders Eligible to Participate in the Plan
The right to participate in the Offer under the Plan is optional and is available exclusively to shareholders who are registered as holders of fully paid ordinary shares in the capital of the Company (Shares) at 5.00pm (WST) on 17 March 2014 (Record Date) and whose registered address is in Australia or New Zealand (Eligible Shareholders).
Share Purchase Plan
The Plan entitles Eligible Shareholders in the Company, irrespective of the size of their shareholding, to purchase up to $15,000 worth of Shares at an issue price of $0.30 per
Share free of brokerage and commission (Offer). The issue price represents a 36.17% discount to the average market price of the Company’s shares on ASX during the 5
trading days immediately prior to the announcement date of the Offer (being $0.47).
Click here to read the Wolf Minerals Limited (ASX:WLF) press release
Click here to see the Wolf Minerals Limited (ASX:WLF) profile.