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Lynas Corp Ltd Issues New Ordinary Shares


Tuesday, 18 Dec 2012 05:17pm EST 

Lynas Corp Ltd announced that it has issued 44,641,949 fully paid ordinary shares at an issue price of AUD 0.56 per share pursuant to the share purchase plan. The funds raised will be used for working capital and general corporate purposes during commissioning and ramp-up at the Lynas Advanced Materials Plant.