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Panorama Synergy finalising underwritten rights issue

Published: 15:40 01 Aug 2013 AEST

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Panorama Synergy (ASX: PSY), an Australian technology company, has been granted a trading halt by the ASX, with its shares placed in pre-open.

The halt was required to finalise the terms of an underwritten rights issue, with Panorama securing funding (via a grant) for the continued development of its MEMS technology.

The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Monday 5th August 2013.

 

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