June 25 (Reuters) - Archer Materials Ltd AXE.AX :
* SHARE PURCHASE PLAN CLOSES OVERSUBSCRIBED
* RECEIVED TOTAL SPP APPLICATION FUNDS OF $6.4 MILLION EXCEEDING TARGETED AMOUNT OF $3 MILLION
* WILL ISSUE AND ALLOT 10.6 MILLION NEW SPP SHARES
June 25 (Reuters) - Archer Materials Ltd AXE.AX :
* SHARE PURCHASE PLAN CLOSES OVERSUBSCRIBED
* RECEIVED TOTAL SPP APPLICATION FUNDS OF $6.4 MILLION EXCEEDING TARGETED AMOUNT OF $3 MILLION
* WILL ISSUE AND ALLOT 10.6 MILLION NEW SPP SHARES