Brief: Strandline Resources Launches A$30 Million Institutional Placement
July 31 (Reuters) - Strandline Resources Ltd STA.AX :
* LAUNCHES A$30 MILLION INSTITUTIONAL PLACEMENT
* PLACEMENT AT AN OFFER PRICE OF A$0.18 PER NEW SHARE
* UNDERTAKING A SHARE PURCHASE PLAN TO RAISE UP TO A$5
MILLION
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