Lesha Energy to consider preferential issue on May 23, 2009

Lesha Energy Resources Ltd has announced that a meeting of the Board of Directors of the Company will be held on May 23, 2009, inter alia, to consider issue of shares/debentures/warrants on preferential basis.

To convene an Extra Ordinary General Meeting of the members of the Company for seeking their approval to the above and to pass such other resolutions as may be required to give effect to the same.

The stock closed the day at Rs.17.57, up by Rs.0.83 or 4.96%. The stock hit an intraday high of Rs.17.57 and low of Rs.17.57.

The total traded quantity was 3824 compared to 2 week average of 3543.

Source : Equity Bulls

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