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(LND.L) Landore Resources Ltd Buy/Sell

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(AFX UK Focus) 2009-10-29 07:24
BRIEF-Landore Resources to place 7.8 mln new shares
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LONDON, Oct 29 (Reuters) - Landore Resources Ltd:

  • TO PLACE 7.8 MILLION NEW SHARES AT PRICE OF 14 PENCE PER SHARE TO RAISE 1.1
    million pounds before expenses.

  • SAYS PROCEEDS FROM THE PLACING WILL BE USED TO FINANCE WORKING CAPITAL AND
    exploration expenditure.

    ((London Equities Newsroom; +44 20 7542 7717)) (For more news, please click here)

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