27/01/2004 - 21:00

Alcaston seeks funding

27/01/2004 - 21:00

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Alcaston seeks funding

ALCASTON Mining is launching a share purchase plan in which each shareholder can subscribe for a minimum of $1,000 and a maximum of $5,000 in new fully-paid ordinary shares.

The company hopes to raise up to $700,000 that will be used to fund its exploration of its various projects in Western Australia, the South Pacific and Canada.

The share purchase offer will be non-renounceable.

The shares are being offered at 4 cents each, a 3.64 per cent discount.

 

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