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Ausdrill announces $129.5 million placement plus $20 million share purchase plan

Mineweb | April 6, 2011 | 8:39 am

Ausdrill Limited (ASX:ASL) (Ausdrill) today announces a capital raising to raise gross proceeds of up to $149.5 million (Capital Raising), consisting of: a placement to institutional and sophisticated investors of 37.0 million fully paid ordinary shares