Brief: IPB Petroleum Announces Placement To Raise Up To A$0.988 Mln
May 10 (Reuters) - IPB Petroleum Ltd IPB.AX :
* PLACEMENT TO RAISE UP TO A$0.988 MILLION
* RECEIVED FIRM SUBSCRIPTIONS FOR A PLACEMENT OF ABOUT 141.3
MILLION NEW ORDINARY SHARES
* PLACEMENT AT ISSUE PRICE OF 0.7 AU CENTS PER SHARE
Further company coverage: IPB.AX
((Reuters.Briefs@thomsonreuters.com;))
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