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ADG Global looks to raise $3 million

Perth-based ADG Global is seeking to raise $3 million with the help of Melbourne stockbroking firm Investorfirst Securities. The shares are being offered at 5.5¢ apiece.

ADG, which sells and distributes specialist equipment to the mining industry, plans to use the proceeds to fund the growth of its international supply chain and for an acquisition in Singapore.

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Original URL: https://www.afr.com/companies/infrastructure/adg-global-looks-to-raise-3-million-20130130-ilvoe