BIOFUELS

Renewed investment in Australian Renewable Fuels

BIODIESEL producer Australian Renewable Fuels Limited has raised $26.73 million by issuing 16.2 m...

Renewed investment in Australian Renewable Fuels

Shaw Stockbroking placed the shares with professional and sophisticated institutional investors who have already invested in the company.

"All placees are existing shareholders of ARF," Australian Renewable Fuels said.

"The funds raised will be utilised to facilitate the company's growth, provide working capital and pay the costs associated with the issue."

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