Emergent Resources Limited ASX-EMG Announce A Share Placement Plan To Raise A $2.52 Million

Perth- Australia- July 3- 2009 - ABN Newswire - Emergent Resources Limited ASX-EMG is pleased to advise that it will undertake a placement of 6.3 million shares to professional and sophisticated investors in Australia at a placement price of A $0.40- to raise A $2.52 million. For every two shares placed the company will issue an attaching option exercisable by payment of 20 cents each on or before 30 September 2010. ... read original article