Aug 21 (Reuters) - Clean Seas Seafood Ltd CSS.AX :
* ANNOUNCES PLANNED ISSUE OF CONVERTIBLE NOTES ON A PRO-RATA ENTITLEMENT BASIS TO EXISTING SHAREHOLDERS TO RAISE UP TO $15.3 MILLION
* ON COMPLETION OF CAPITAL RAISINGS, CO EXPECTS TO BE FUNDED TO ACHIEVE POSITIVE SELF-SUSTAINING CASH FLOWS BY END OF FY22
* CO'S MAJOR SHAREHOLDER BONAFIDE WEALTH MANAGEMENT AG COMMITTED TO A $6.6 MILLION EQUITY PLACEMENT TO INCREASE SHAREHOLDING TO 17.66%