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Lynas Corp Ltd Issues New Ordinary Shares

Sunday, 11 Nov 2012 05:00pm EST 

Lynas Corp Ltd announced that it has issued 80,000,000 ordinary shares pursuant to placement at an issue price of AUD 0.75 per share. The funds raised will be used for working capital and general corporate purposes during commissioning and ramp-up at the Lynas Advanced Materials Plant (LAMP).