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GEO Geo News Story

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Brief: GeoOp Ltd updates on capital raising

Oct 12 (Reuters) - GeoOp Ltd  GEO.NZ  
    * reached agreement with an australian fund manager to place 
7 million shares at 20 cents per share to raise $1.4 mln 
    * as at 11 october geo had received $1.5 mln in acceptances 
pursuant to its 1:3 rights issue 
    * all figures in NZ$ 
 
Source text for Eikon:  ID:nNZW1gn9D6  
Further company coverage:  GEO.NZ  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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