Allied Gold Limited (ALD) on the 10th announced that they are offering a $5,000 Share Purchase Plan at 22c to holders registered on the 21st of February.
Record date: 21 Feb (but u must buy by WEDNESDAY 16th) .. T+3 rule applies Raising: $1 Million dollars Shares issuing: 4,545,454 ISSUE PRICE: 22c
Last on market price is 26.5c (up 20%)
Last day to buy a holding for the Share Purchase Plan is Wednesday 16th of February. Either buy $500 worth of shares at current prices by Wed to participate in the SPP, or by couple thousand dollars worth and hope it does another QGC. Then sell (for a profit) but keep 1 share to be eleigible for the SPP.
Always worth while securing a small holding to give one the option to participate...just incase the gold price goes crazy or they release further very positive drill results.
Also, its undertaking a Placement to raise $9m to fund an aquisition of Joint venture interests, further exploration and working capital. The price of the placement is 22c (20% discount to market)
Best regards INSIDER
ALD Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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