July 27 (Reuters) - Atrum Coal NL ATU.AX :
* Atrum Coal announces rights issue ATU.AX
* Says entitlement offer is intended to raise approximately $5M
* Says funds will be used to enhance the value of atrum's groundhog anthracite project
* Says may raise up to an additional $1 million under the discretionary placement
* Says issue price of $0.50 per new share represents a discount of approximately 58% to the closing price of $1.19 on 3 June
* Source text for Eikon ID:nASXbD7mgJ