May 23 (Reuters) - Deutsche Rohstoff AG DR0G.DE :
* Hammer Metals, 15.51 pct owned by Deutsche Rohstoff, announced that it has raised approximately A$1.2 million in a share placement
* Hammer Metals has issued additional 18.5 million shares at a price of 6.5 cents
* Deutsche Rohstoff participated in capital raising with A$190,000 and holds 15.50 pct of Hammer shares after closing of placement
* Will use proceeds from placement to accelerate explorations at its Mount Isa project in Gueensland, Australia Source text for Eikon: ID:nEQ7LLT6Ha Further company coverage: DR0G.DE
(Gdynia Newsroom)