Brief: Linius Technologies Received Firm Commitments To Raise A$1.155 Mln, Before Costs

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29/07/2022 02:21

July 29 (Reuters) - Linius Technologies Ltd  LNU.AX :
    * RECEIVED FIRM COMMITMENTS TO RAISE A$1.155 MILLION, BEFORE
COSTS
    * PLACEMENT WILL RESULT IN ISSUE OF 231 MILLION FULLY PAID
ORDINARY SHARES AT A$0.005 PER SHARE
    * PROCEEDS FROM PLACEMENT WILL BE USED TO GENERATE NEW
PIPELINE &
DRIVE OPPORTUNITIES TO NEAR-TERM RECURRING REVENUE

Source text for Eikon:  ID:nASX8jJl2N 
Further company coverage:  LNU.AX 

 ((Reuters.Briefs@thomsonreuters.com;))