SVL 2.02% 9.7¢ silver mines limited

Ann: Share Purchase Plan & Minimum Shareholding Buy-Back, page-3

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  1. 15,831 Posts.
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    $5k minimum might stop a few taking it up.
    " Offering to eligible shareholders the opportunity to participate in the Silver Mines Share Purchase Plan (SPP) at a price of $0.165 per share.  Under the SPP, eligible shareholders may acquire up to A$15,000 worth of ordinary shares in the Company without incurring brokerage or other transaction costs.  The SPP is underwritten and capped at A$3 million.  Offering a Buy-Back to those shareholders holding parcels of shares valued less than A$500 in the Company. Share Purchase Plan Silver Mines Limited (Silver Mines or the Company) is pleased to announce that it intends to offer shareholders the opportunity to apply for new, fully paid ordinary shares in Silver Mines under an underwritten Share Purchase Plan (SPP) to raise up to A$3 million. The SPP provides the opportunity for eligible shareholders to subscribe for up to $15,000 worth of new shares, at a price of $0.165 per share. The offer is at the same price as the December 2016 placement to institutional, professional and sophisticated investors. Eligible shareholders may purchase new shares in parcels of $5,000, $10,000 or $15,000, without incurring brokerage or other transaction costs. Shareholders will be eligible to participate in the SPP if they: a) were a registered holder of Silver Mines shares at 5:00 pm (AEDT) on Friday 3 rd March 2017, with a registered address in Australia or New Zealand;
 
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Last
9.7¢
Change
-0.002(2.02%)
Mkt cap ! $149.2M
Open High Low Value Volume
9.9¢ 10.0¢ 9.7¢ $427.0K 4.346M

Buyers (Bids)

No. Vol. Price($)
6 549082 9.7¢
 

Sellers (Offers)

Price($) Vol. No.
9.9¢ 31656 1
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Last trade - 16.10pm 03/12/2024 (20 minute delay) ?
SVL (ASX) Chart
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