Brief: Talga Group Announces Completion Of Institutional Placement Which Raised A$40 Million
Feb 23 (Reuters) - Talga Group Ltd TLG.AX :
* COMPLETION OF INSTITUTIONAL PLACEMENT RAISES A$40 MILLION
FROM
ISSUE OF 25.8 MILLION NEW FULLY PAID ORDINARY TALGA SHARES
* PROCEEDS WILL BE USED TO FUND VITTANGI ANODE PROJECT EARLY
WORKS, AMONG OTHERS
* NEW SHARES UNDER PLACEMENT WILL BE ISSUED AT A$1.55 PER
SHARE
Source text for Eikon: ID:nASX9nKjNf
Further company coverage: TLG.AX
((Reuters.Briefs@thomsonreuters.com;))
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