May 11 (Reuters) - New Age Exploration Ltd NAE.AX :
* TO RAISE A$3.6M VIA SHARE PLACEMENT AT A$0.018 PER SHARE
* FUNDS RAISED FROM PLACEMENT TO ENABLE ADVANCE EXPLORATION & DRILLING FOR ITS EXISTING PILBARA & NZ GOLD PROJECTS
May 11 (Reuters) - New Age Exploration Ltd NAE.AX :
* TO RAISE A$3.6M VIA SHARE PLACEMENT AT A$0.018 PER SHARE
* FUNDS RAISED FROM PLACEMENT TO ENABLE ADVANCE EXPLORATION & DRILLING FOR ITS EXISTING PILBARA & NZ GOLD PROJECTS