One new share for every one share held on the record date at an issue price of $0.10 per new share, together with approximately 33,776,609 free attaching new options, each exercisable at $0.10 on or before 31 October 2011, on the basis of one new option for every three new shares issued (if a new option is exercised between 3 May 2010 and 31 May 2010 the new option holder is entitled to receive a secondary option exercisable at $0.12 on or before 31 October 2013), to raise approximately $10,132,983 ("Rights Issue").
The Record Date for determining entitlements under the Rights Issue is 22 October 2009.
MFE Price at posting:
18.9¢ Sentiment: Buy Disclosure: Held
