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MGM Wireless Limited announce $5.5 million placement to fund growth in SPACETALK Watch

23 September 2019 –Technology company MGM Wireless Limited (ASX:MWR) (‘MGM’ or ‘the Company’) today announced a successful placement of shares to Australian investors raising $5.5 million before costs. The offer was cornerstoned by a number of institutional and sophisticated investors including Thorney Investment Group, Perennial Value, Eight Investment Partners, James Spenceley and others.

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