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Goldfields Money raises A$2.1M in share issuance

GoldfieldsMoney Ltd. raised A$2.1 million through the issuance of 2,350,024shares to institutional and sophisticated investors at 90 cents per share.

The company said May 2 that it will use the proceeds toincrease its Tier 1 common equity capital, among other things.

As of May 2, US$1 wasequivalent to A$1.31.