News: TRY Troy Resources Ltd undertakes pro-rata accelerated non-renounceable entitlement offer

Sept 6 (Reuters) - Troy Resources Ltd (TRY) :

• Undertaking a pro-rata accelerated non-renounceable entitlement offer and institutional placement to raise up to about $40.7 million
• Says entitlement offer is not expected to have any material effect on the control of the company
• The placement will be for approximately 51.1 million new shares at an issue price of $0.36 per new share

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