share purchase plan, page-3

Hey Kingsly

Probably need to double check your facts a bit.

Mr Fin2U is right!

Below are cut and pastes from IDC Announcements on the SPP to acquire Mount Kare and ensure IDC doesnt have to issue any more shares for at least 18 months.

Below is the announcement stating 53.75million shares will be issued at 30c per share on April 7th 2011.

In the same announcement is states, as MrFin2U mentioned,
the SPP will close on the 12th of May 2011.

The market was so keen to get on board and increase their investment in IndoChine because of this brilliant tenement acquisition in Mt Kare that it was over subscribed.

And the maximum investment was reduced from $15,000 down to $13,965. So it definitely closed on the 12th of May.

I hope that helps Kingsly!

Bring on the Official JORC Resource Upgrade, not long now.....................:)

Cheers Nectar