08/02/2005 - 21:00

Oropa Ltd - 2-Feb-05

08/02/2005 - 21:00

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Has reached agreement in principle with London based institutions and Findlay & Co. Stockbrokers Pty Ltd to raise up to $1.2 million, less expenses estimated at $72,000, via a placement of shares and options at an issue price of 2.4 cents per share.

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