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Netlinkz completes $4.5m equity placement

NetLinkz Limited (ASX: NET) ('NetLinkz' or 'Company') is pleased to announce the completion of a share placement to sophisticated and professional investors by way of the issue of 69,230,769 new fully paid ordinary shares ('Placement Shares') at a price of $0.065 per Placement Share to raise A$4.5 million (‘Placement’).

Funds raised under the Placement will be allocated as follows...

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