Brief: Southern Gold To Acquire Battery Technology Co
May 29 (Reuters) - Southern Gold Ltd SAU.AX :
* TO ACQUIRE BATTERY TECHNOLOGY COMPANY AND PLACEMENT TO
ACCELERATE COMMERCIALISATION
* DEAL FOR A$1.2 MILLION IN SAU SHARES
* PROPOSING A CONCURRENT A$2.5 MILLION PLACEMENT
* PLACEMENT AT PRICE OF A$0.02 CENTS PER SHARE
Source text for Eikon: ID:nASX1vXlDm
Further company coverage: SAU.AX
((Reuters.Briefs@thomsonreuters.com;))
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