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Immotion Group Plc to use AIM listing to dominate 'out of home' VR market

Published: 17:15 12 Jul 2018 AEST

Martin Higginson, chief executive of Immotion Group Plc (LON:IMMO), spoke to Proactive's Andrew Scott as the virtual reality 'Out of Home' entertainment business began trading on AIM.

Higginson says they raised £5.75mln in what was a significantly oversubscribed placing.

He says they'll be using the funds to implement Immotion's strategy which is to become a leading participant in the 'Out of Home' VR experience market which is forecast to grow eight-fold to $8bln by 2022.

OzAurum to start drilling at Boca Rica Lithium Project

OzAurum Resources Ltd (ASX:OZM) CEO and managing director Andrew Pumphrey sits down with Proactive’s Jonathan Jackson to discuss an upcoming drilling program at Boca Rica Lithium Project in Brazil, following the identification of a spodumene zone. The company plans to start drilling in the next...

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