Coal company raises $12M in placement

TELCO cum coal developer Comdek has overcome challenging market conditions to raise $A12 million in a lucrative share placement.

Coal company raises $12M in placement Coal company raises $12M in placement Coal company raises $12M in placement Coal company raises $12M in placement Coal company raises $12M in placement

Comdek issued more than 66 million shares at 18c to sophisticated investors, to raise funds for its coal and uranium interests in Africa and Australia.

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