New ann out I should post this in the humour section. I love these lines.
"Eligible Shareholders may apply for New Shares in excess of their full entitlement. This offer is not underwritten."
NuPower Resources Limited ABN 91 120 787 859 Non Renounceable Rights Issue Prospectus 23 October 2012 For a pro-rata non-renounceable rights issue by NuPower Resources Limited (“NuPower”) to Eligible Shareholders, of 1 New Share for every 4 Shares held at 5.00 pm (Sydney time) on the record date of 7 November 2012, at an issue price of 1.6 cents per New Share to raise approximately $2,047,292 before expenses. Eligible Shareholders may apply for New Shares in excess of their full entitlement. This offer is not underwritten. CLOSING DATE: 5.00pm (Sydney time) on 27 November 2012 (or such later date as the Directors, in their absolute discretion and subject to compliance with the Corporations Act and Listing Rules, may determine). Valid acceptances must be received prior to this time. An investment in the securities offered by this Prospectus should be considered as speculative. This Prospectus is not for general circulation or distribution, and has or will be issued, circulated and/or distributed only to Eligible Shareholders. The offer to participate in the Rights Issue is made personally to Eligible Shareholders to whom the Prospectus has been issued, distributed or circulated. This document is important and requires your immediate attention. It should be read in its entirety. If you do not understand its contents, or are in doubt as to the course that you should follow, you should consult your stockbroker or professional advisor.
NUP Price at posting:
1.5¢ Sentiment: LT Sell Disclosure: Not Held
