CAQ caq holdings limited

News: Cell Aquaculture voluntary suspension

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    Cell Aquaculture Limited (ASX:CAQ) securities have been placed in voluntary suspension pending an announcement of a capital raising.



    The board is continuing to work towards finalising the terms.



    A further announcement regarding the company’s capital management initiatives will be given once progress has been made on the proposed capital raising.



    A further update is expected by the middle of January.



    Cell Aquaculture made a loss of $2 million in the financial year to June 30, 2011.


 
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