Brief: Arafura Rare Earths Completes A$20 Mln Institutional Placement
July 25 (Reuters) - Arafura Rare Earths Ltd ARU.AX :
* COMPLETION OF A$20M INSTITUTIONAL PLACEMENT
* A$20 MILLION AT AN ISSUE PRICE OF A$0.16 PER SHARE
* FUNDS RAISED WILL SUPPORT ADVANCEMENT OF COMPANY'S FUNDING
INITIATIVES, OTHERS
Further company coverage: ARU.AX
((Reuters.Briefs@thomsonreuters.com;))
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