BRIEF-African Consolidated Resources raises 2.16 mln stg

LONDON Thu Aug 30, 2012 9:18am EDT

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LONDON Aug 30 (Reuters) - African Consolidated Resources PLC : * Announces placing to raise £2.16 million * Placed of 108,021,500 ordinary shares at a price of 2 pence per placing share * Anticipates further funding will be required in Q4 for co to continue as a

going concern

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