Nov 23 (Reuters) - Vocation Ltd VET.AX :
* Financing and class actions update VET.AX
* Co has negotiated to receive cash contributions of $4.2 million in aggregate from some of the founders of vocation's predecessor companies
* Company has been exploring its fundraising options and has decided to seek to undertake a private placement of ordinary shares and options
* Source text for Eikon ID:nASXbZCnwc