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Strategic Elements closes A$6.4M share purchase plan

StrategicElements Ltd. closed its share purchase plan on June 7, according to a June 8statement.

Strategic Elements received applications totaling more than A$8.6million. However, pursuant to the purchase plan, the company will accept a total of A$6.4million.

The company expects its shares, which were sold under theplan, to trade on Australian stock exchange starting June 15.