CityView Corporation raises $3.4m in placement

Perth-based CityView Corporation Ltd will raise $3.4 million through the issue of 11 million shares to Global Investments Strategy (UK) Ltd, the company has announced.

The full text of a company announcement is pasted below

CityView Corporation Limited ("CityView") is pleased to announce that Global Investments Strategy (UK) LTD has submitted five application forms for a total of 11 million shares at a price of 31.4c per share to raise $3.45 million.

Funds for the first application form for 1,500,000 shares were received by CityView today.