March 18 (Reuters) - Alliance Resources Ltd AGS.AX :
* TO RAISE UP TO $4.95 MILLION IN NON- RENOUNCEMENT RIGHTS ISSUE AT AN ISSUE PRICE OF $0.095 PER SHARE
* FUNDS RAISED FROM OFFER TO BE APPLIED TO RC DRILLING AND DIAMOND DRILLING FOR EXPLORATION, AMONG OTHERS Source ( https:// Further company coverage: AGS.AX