Potash Minerals Limited (POK) Conditional Share Purchase Plan
Potash Minerals Limited (POK), to be renamed Buddy Holdings Limited, has announced a Share Purchase Plan open to all eligible shareholders as at 6 October 2015 (Record Date). POK is offering eligible shareholders the opportunity to apply for new shares up to a maximum value of $15,000. The issue price of the SPP is $0.10 per share. The Offer may be subject to a scale back and is conditional upon a number of events occurring, as detailed in the Prospectus. If these conditions are not met, the Company will not proceed with the Offer and will repay all application monies received, without interest. Please refer to the Prospectus for full details.
The Allotment Date is expected to be 27 November 2015. The company is expected to be reinstated to trading on the ASX on 11 December 2015.
Instructions can be submitted online up until 11:59pm (AEDT) on 12 November 2015.
Source: https://www.netwealth.com.au/librarymanager/libs/41/CA Diary.pdf
POK Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
