Mining Profits on Offer
Article: South Burnett Times, Friday 11th September 2009
Cougar Energy hopes to gain another $6 million for the share market after construction began on it pre-production phase of its proposed underground coal gasification power plant at Kingaroy this week.
Cougar Energy hopes to gain another $6 million for the share market after construction began on it pre-production phase of its proposed underground coal gasification power plant at Kingaroy this week.
Cougar launched a share purchase plan (SPP) that will allow people to buy stocks at A$0.0825 each until 5pm in Melbourne on September 29.
Only eligible people can apply for up to A$15,000 worth of new fully paid ordinary shares.
These include investors who are recorded on the company's share register at 7pm Australian Eastern Standard Time on September 2 with either an Australian or New Zealand address.
Patersons Securities Limitied has been appointed by Cougar as lead manager for the SPP.
Only eligible people can apply for up to A$15,000 worth of new fully paid ordinary shares.
These include investors who are recorded on the company's share register at 7pm Australian Eastern Standard Time on September 2 with either an Australian or New Zealand address.
Patersons Securities Limitied has been appointed by Cougar as lead manager for the SPP.