Nov 6 (Reuters) - Altech Chemicals Ltd ATC.AX :
* ALTECH CHEMICALS LTD - ALTECH - UPDATE ON PROPOSED CAPITAL RAISE-ATC.AX
* ALTECH CHEMICALS LTD- PROPOSING A NON-RENOUNCEABLE PRO-RATA ENTITLEMENT OFFER
* ALTECH CHEMICALS- UNDER OFFER EXISTING SHAREHOLDERS MAY SUBSCRIBE FOR 2 NEW SHARES FOR EVERY 5 ALTECH SHARES HELD AT ISSUE PRICE OF A$0.04 PER SHARE