Hazer Group (ASX:HZR) will offer a share purchase plan with a record date of 17th March 2017.
The plan allows for an investment minimum of $500 and a maximum of $15,000, priced at $0.60 per share, which is more than a 10% discount on the last traded price of $0.67 per share.
Hazer is a technology development company undertaking the commercialisation of the Hazer process, a low-emission hydrogen and graphite production process.
This enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst.