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Pancontinental Oil & Gas NL - 8/08/2006

The Company has placed 25,000,000 ordinary fully paid shares at an issue price of 5.25 cents to raise $1,312,500 before brokerage and costs.

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6th-Australian Institute of Management WA20,000
7th-Murdoch University16,584
8th-South Regional TAFE10,549
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10th-Saferight8,000
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