Seeking Alpha

Proactive Investor's  Instablog

Proactive Investor
Send Message
Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
My company:
Proactiveinvestors
My blog:
Proactiveinvestors
  • Latin Resources Extends Share Purchase Plan 0 comments
    Jun 17, 2014 8:57 PM

    Latin Resources (ASX:LRS) has extended to 19 June the closing date for its share purchase plan (NYSEMKT:SPP) priced at $0.038 to allow shareholders more time to consider recent high grade copper results at the Ilo Norte Project in Peru.

    The offer, which is priced at a 10% discount to the market, seeks to raise up to a maximum of $2 million through the issue of 54,054,054 shares.

    Earn-in operator and partner Compañia Minera Zahena S.A.C. (Zahena) had intersected 30 metres at 0.93% copper and 0.12g/t gold from 282 metres, including 6 metres at 3.1% copper and 0.45g/t gold in drill hole IN-019 (0.1% copper cut-off).

    High grade copper was also intersected in drill holes IN-009, IN-012 and IN-016.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

Back To Proactive Investor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.