IT consulting and e-business services company ICSGlobal (ASX:ICS) has raised $300,000 in a share placement.
The company said it had issued nearly 23.1 million shares to sophisticated investors at an issue price of $0.013.
The issue was made without prior disclosure as per the terms of the regulatory exemptions in the Corporations Act. ICS shares stayed flat on Tuesday to close at $0.013.
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