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Gage Roads plan $1.5m raising

10-October-08 by Edited announcement

Palmyra-based Gage Roads Brewing Co Ltd said it has received commitments for 50 per cent of its planned $1.5 million capital raising.

The microbrewer today said it would undertake a pro rate renounceable entitlements issue of shares on the basis of 2 shares for each share held. Shares will issued at a price of one cent each.

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