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Webspy raises $100k in placement

Webspy raises $100k in placement

Software developer WebSpy (ASX:WSY) has placed five million new shares to raise $100,000.

Each share placed at $0.02 was accompanied by an option exercisable at the same price with a three year term.

WebSpy said it will apply the funds towards the expansion of its Marketboomer business unit, as well as R&D and general working capital.

WSY shares are today trading unchanged at $0.013.

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Tags softwarewebspyShare placementMarketboomerASX:WSY

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