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Equatorial Coal Announces Capital Raising and Board Changes
Friday November 6, 2009, 9:46 am

Original Announcement: Capital Raising and Board Changes

Equatorial Coal advised that it will raise additional working capital to enable the Company to pursue opportunities in the coal and other resource sectors to complement the Company's existing assets. The Company will make a share placement of 100m shares at $0.01 per share to raise $1m. The Company also reported the Board has appointed Mr Ian Middlemas as Chairman and Mr Mark Pearce as a Director with effect immediately.

More information about EQX.AX
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