CBH 0.00% 7.0¢ coolabah metals limited

Ann: CBH Recapitalisation Initiatives , page-12

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  1. 158 Posts.
    Record Date is 13th (Monday)
    That means you had to buy today to get on the register. (i.e. 'recorded')
    Seems to be confusion b/w last buying opportunity & Record Date.
    Good luck to those that got on/off register as desired.

    Below is from Business Spectator today
    --------------------------
    Source: News Bites
    CBH Resources Ltd has launched several major initiatives to recapitalise the company and provide further funding for its Endeavor mine at Cobar and Rasp project at Broken Hill.

    Major recapitalisation initiatives include a $40 million standby loan facility with CBH’s largest shareholder Toho Zinc Co Ltd, a share purchase plan, and a Toho and institutional share top-up facility. Together with unrestricted cash on hand of around $30 million, access to the $40 million in funding from Toho and the amount raised under the SPP and share top-up facility, CBH says it will be able to aggressively pursue the development of the Rasp project and be in a position to substantially increase metal production at its flagship Endeavor mine.

    Under the share purchase plan, shareholders can subscribe for up to $15,000 worth of shares at 10c each. Record date is July 13.

 
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