Brief: Nexion Group Ltd Says Has Received Firm Commitments To Raise A$2.75 Million
Nov 17 (Reuters) - NEXION Group Ltd NNG.AX :
* HAS RECEIVED FIRM COMMITMENTS TO RAISE A$2.75 MILLION
* TO ISSUE 17.2 MILLION FULLY PAID ORDINARY SHARES AT A$0.16
PER
SHARE
* FUNDS RAISED FROM PLACEMENT TO BE USED FOR WORKING CAPITAL
TO
SUPPORT CO'S ONGOING EXPANSION AND FOR GENERAL CORPORATE
PURPOSES
Source text for Eikon: ID:nASX1pjzq
Further company coverage: NNG.AX
((Reuters.Briefs@thomsonreuters.com;))
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