Fluorotechnics Raises $1.06M

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Australian fluorescence firm Fluorotechnics this week said it has raised A$1.23 million ($1.06 million) through a rights issue and a placement.

The partially underwritten rights issue, announced in August, raised the maximum amount of A$1.035 million, the company said in a statement. It raised another A$200,000 through a share placement at A$0.28 per share to existing shareholders.

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