Icon Resources (ASX Code: III) has extended the offer period for the current Share Purchase Plan (SPP) by two weeks such that it will now close on 4th June 2010.
The decision was made In light of the recent turmoil in the global financial markets, combined with the uncertainty created by the proposed introduction of a new Resource Super Tax in Australia.
Under the SPP, Eligible Shareholders have the opportunity to subscribe for new ordinary shares in III to a minimum of $500 or a maximum of $15,000 without brokerage or other transaction costs, at an issue price of A$0.075 per share.