New Issue: NiPlats Australia announces A$2.61 million private placement of stock

By Devika Patel

Knoxville, Tenn., July 26 - NiPlats Australia Ltd. said it settled a A$2.61 million private placement of shares.

The company sold 12,161,625 ordinary shares at A$0.215 apiece.

Proceeds will be used for exploration.

Based in Perth, Western Australia, NiPlats explores for metals.

Issuer:	NiPlats Australia Ltd.
Issue:	Ordinary shares
Amount:	A$2,614,750
Shares:	12,161,625
Price:	A$0.215
Warrants:	No
Settlement date:	July 26
Stock symbol:	Australia: NIP
Stock price:	A$0.27 at close July 26

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