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Liquefied Natural Gas Limited To Carry Out Share Placement

Liquefied Natural Gas Limited (ASX: LNG) has placed its shares into pre-open after it was granted an ASX trading halt regarding a placement of ordinary shares.

The shares will be made to sophisticated and professional investors via traditional placement means with stockbrokers.

Shares in the company will remain in the halt until the earlier of the commencement of normal trading on Monday 5 May 2014 or when the announcement is released to the market.

The placement follows its announcement earlier today that it had filed its formal application for the 8 million tonne per annum Magnolia liquefied natural gas export plant in Louisiana with the U.S. Federal Energy Regulatory Commission.

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