BRIEF-Acceleware reports proposed private placement
Sept 22 (Reuters) - Acceleware Ltd :
* May issue up to about 18.2 million units at a price of $0.11 per unit
* Says co proposes to complete a non-brokered private placement of units to raise gross proceeds of up to $2,000,000
* To use proceeds to continue to develop and field test its radio frequency RF XL heavy oil and oil sands extraction technology Source text for Eikon: Further company coverage:
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