BRIEF-Liquefied Natural Gas raises $4.2 mln as institutional placement

Thu, 13 Mar - 9:17am

March 13 (Reuters) - Liquefied Natural Gas Ltd LNG.AX :

* Institutional placement to advance Magnolia LNG project

* Issue of 10 million shares at $0.42 per share to institutional clients of

Foster Stockbroking Pty Ltd, raising $4.2 million

* Source text for Eikon News Search ID:nASXNvJBn

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URN:

urn:newsml:reuters.com:20140312:nWNBS00D73:4

Topics:

ELG OILG ISU AU LNG NGS CMPNY MEVN COM ENR UTIL ASIA BLR DBT LEN RTRS NRG EXPL ENER

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