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Australia's Linc Energy on halt, to raise capital

Wed Jul 29, 2009 7:00pm EDT

Stocks

   

SYDNEY, July 30 (Reuters) - Australian energy firm Linc Energy Ltd (LNC.AX) requested a trading halt in its shares on Thursday pending completion of capital raising activites.

Linc said in a statement it was planning a placement of shares to institutional and sophisticated investors. (Reporting by James Thornhill; Editing by Wayne Cole)



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