July 15 (Reuters) - Mount Ridley Mines Ltd MRD.AX :
* Says a fee of 6% of the total amount raised will be paid to dj carmichael pty ltd
* All funds raised will be directed toward exploration effort at mt ridley including moving loop em surveying and follow-up diamond drilling at target 19
* Says placement of 28 million shares at $0.019
* Source text for Eikon ID:nASX9k8lYj