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AUSTRALIANS IN THE US

Kilgore turning to equity market

KILGORE Oil and Gas is looking to raise about $A1.1 million through a one for one share offer to its existing shareholders.

Each share will cost 1c while every two shares will include one free listed option with an exercise price of 5c that expire on June 30, 2012. The company is also looking at placing 250 million shares...

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