ok found it. MOLY MINES CLOSES SHARE PURCHASE PLAN OVER SUBSCRIBED
As previously announced the total number of shares to be issued under the SPP is 20 million. This restriction was agreed with Hanlong and is a term of the Subscription Agreement. Consequently each application will be scaled back to approximately 52% of the amount applied for. Allotments are expected to be completed on 7 December 2009 and refund cheques printed on 10 December 2009. After the completion of the SPP allotments, Moly Mines will have 156,680,677 ordinary shares on issue.
MOL Price at posting:
81.0¢ Sentiment: LT Buy Disclosure: Held