10:03 AM EST - Xanadu Mines Ltd : Has accepted firm commitments for a placement of 34.0 million new fully paid shares in Xanadu at A$0.033 per New Share to raise approximately A$1.12 million Proceeds from the Placement will be used to underpin the next phase of activities at its Kharmagtai copper and gold project. Xanadu Mines Ltd
shares T.XAM are trading unchanged at $0.03.
