July 14 (Reuters) - Bisan Ltd BSN.AX :
* Proposed rights issue BSN.AX
* The amount raised will be approximately $1.806 million before costs
* Says the issue price will be $0.04 per share for the proposed rights issue
* Says rights issue for the purpose of funding the future operations of the company
* Source text for Eikon ID:nASX9BvCFM
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