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Hazer Group's share purchase plan is in-the-money

Hazer Group's share purchase plan is non-renounceable.
Hazer Group's share purchase plan is in-the-money
Hazer will issue up to 5 million new shares

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.

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Hazer Group Ltd Timeline

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