April 30 (Reuters) - New Century Resources Ltd NCZ.AX :
* ANNOUNCES A FULLY UNDERWRITTEN EQUITY RAISING OF APPROXIMATELY $40M NET OF COSTS
* INSTITUTIONAL INVESTORS TO SUBSCRIBE FOR ABOUT 36.3 MILLION NEW SHARES IN CO AT A$1.15 PER SHARE
April 30 (Reuters) - New Century Resources Ltd NCZ.AX :
* ANNOUNCES A FULLY UNDERWRITTEN EQUITY RAISING OF APPROXIMATELY $40M NET OF COSTS
* INSTITUTIONAL INVESTORS TO SUBSCRIBE FOR ABOUT 36.3 MILLION NEW SHARES IN CO AT A$1.15 PER SHARE