Greenearth Energy extends closing date for rights issue
Greenearth Energy (ASX: GER) has extended its non-renounceable rights issue lodged on September 14 until 5pm on 4th November 2011, after initially contemplating a closing date of 17th October 2011.
Greenearth will raise up to $3,603,270 through a non-renounceable 1 for 2 rights issue of 45,040,886 new shares at $0.08 per share for advancing its clean energy projects and technologies.
In addition, a non-listed incentive option will be issued for no additional consideration for every new share, exercisable at $0.05 each at any time during the period from 15 April 2012 to 15 October 2012.
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