July 29 (Reuters) - Australian Pacific Coal Ltd AQC.AX :
* Entitlements issue and share placement AQC.AX
* Will also undertake a non-renounceable entitlements issue to raise up to $1.42 million before costs
* Executed binding term sheet with bentley resources pte and trepang services pty to place 3.30 billion fully paid ordinary shares at $0.004 per share
* Funds raised to help progress and expedite exploration programmes planned for co existing suite of coal assets in Queensland
* Source text for Eikon ID:nASX6rJvxH