Oct 17 (Reuters) - De Grey Mining Ltd DEG.AX
* De grey mining ltd - capital raising and share purchase plan-deg.ax
* a$1.26m raised in an oversubscribed share placement to sophisticated investors of beer & co pty ltd and dj carmichael
* Undertaking unmarketable parcel purchase as it seeks to reduce costs associated with share registry services and mail outs
* De grey mining ltd - will seek shareholder approval to consolidate number of shares on issue on a 1 for 20 basis
* Funds to be used to continue work at company's de grey turner river project Source text for Eikon: ID:nASX6fZy96 Further company coverage: DEG.AX
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