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Potash West NL Finalising Oversubscribed Raising

Potash West NL (ASX:PWN) is in the process of undertaking a capital raising with State One Stockbroking to raise $1.65 million before costs.

The company said they have received interest significantly in excess of this amount and are currently finalising the process.

To finalise the raising, PWN has been granted a voluntary suspension following a trading halt.

The company said it expects to make an announcement on or before Monday 18th July 2016.

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