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FINWIRES

Avenira Extends Term of Renounceable Rights Issue

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Avenira (ASX:AEV) extended the closing date for its renounceable rights issue to Sept. 24 from Sept. 17, according to a Monday filing with the Australian bourse.

Under the issue, eligible shareholders may subscribe for three new ordinary shares for every two shares held as of Aug. 20, for gross proceeds to the company of up to about AU$48.9 million.

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