The Directors of Aquila Resources Limited are pleased to announce that they have resolved to proceed with a bonus issue of shares to all shareholders of the Company.
This year’s bonus issue is made in recognition of the continuing significant progress and development of the Company and the invaluable support it has received from its shareholders. It is also intended to encourage greater liquidity in the Company’s shares, to ensure an active market is maintained for share trading transactions by new and existing shareholders.
The entitlements are to be issued for nil consideration and will be distributed on the pro-rata basis of “one for every five� ordinary shares held by existing shareholders at 5 pm (WST) on 12 December 2007, being the Record Date. The shares will trade on an “ex� entitlement basis from 6 December 2007.
Just in case people have forgotten or are unaware of the imminent share issue
AQA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
