Dec 2 (Reuters) - Imugene Ltd IMU.AX :
* IMUGENE LTD ANNOUNCES SHARE PLACEMENT TO RAISE $24.6 MILLION BY WAY OF PLACEMENT OF UP TO 683 MILLION ORDINARY SHARES PRICED AT $0.036 PER SHARE
* IMUGENE LTD- PROCEEDS EXPECTED TO FUND CO'S CLINICAL PROGRAMS INCLUDING TWO ONCOLYTIC VIRUS CLINICAL CANDIDATES THROUGH COMPLETION OF PHASE 2 STUDY