Oct 1 (Reuters) - Stargroup Ltd STL.AX :
* Cash plus acquisition update & clarification
* Wishes to proceed with a non-renounceable 2 for 5 rights issue
* To raise if fully subscribed $3,367,486,with a 1 for 2 free option attached, exercisable at $0.05 per option
* Raising is intended to be underwritten by the company's principal corporate advisers to the extent of $3 million
* Raised to acquire one Stargroup share, with a 3 year exercise period
* Source text (http://bit.ly/1L5tdlI)