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Pacific Environment Ltd to outline placement

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Pacific Environment Ltd (ASX:PEH) has been granted a trading halt by the ASX this morning, pending details of a capital raising.

The raising will be in the form of a placement to institutions, sophisticated and professional investors.

The halt will last until the opening of trade on Tuesday 3rd May 2016, or earlier if an announcement is made to the market.

 

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ASX:EVS
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