Dec 8 (Reuters) - Alterra Ltd (1AG) :
- PLACEMENT AT ISSUE PRICE OF A$0.008 PER SHARE
- SEEKING TO RAISE UP TO A$1.4 MILLION THROUGH A PRO RATA ACCELERATED NON-RENOUNCEABLE ENTITLEMENT OFFER
- COMPANY INTENDS TO APPLY FOR REMOVAL FROM OFFICIAL LIST OF ASX IN NEAR FUTURE