This is as the club finally put into action the share issue approved in January's delayed AGM.
Various shareholders have called for an increase in the shareholding for a number of years, but this plan has only come to fruition under the guidance of new chairman Steve Wharton.
Current shares in the club amount to a value of £200K, and this could rise as far as £1million.
Chief executive Don Rowing has confirmed that letters will be sent out to existing shareholders in the middle of this week, probably Tuesday or Wednesday.
Each holder will have until April 22nd to inform the club as to whether or not they want to purchase fresh shares.
After that deadline current shareholders will have the opportunity to purchase additional shares, whilst outside investment is expected.
“I would expect there will also be some new shareholders,” said Rowing this week.
“We have had some enquiries from new people since the decision to increase the shares issue was taken at the AGM”.
Chairman Steve Wharton has stated that the issue will raise a minimum of £330K in the club, and that he would take his full allocation of shares available to help secure the club's finances.