May 24 (Reuters) - Immuron Ltd IMC.AX :
* IMMURON PRICES UNDERWRITTEN PUBLIC OFFERING OF ADSS
* EACH ADS REPRESENTS FORTY ORDINARY SHARES OF COMPANY AND IS BEING OFFERED AT A PUBLIC OFFERING PRICE OF USD$4.00
* ESTIMATED GROSS PROCEEDS TO COMPANY FROM PUBLIC OFFERING OF ADSS ARE EXPECTED TO BE ABOUT USD$2 MLN