July 4 (Reuters) - Phoslock Water Solutions Ltd PHK.AX :
* RAISED $5.5 MILLION (BEFORE COSTS) PURSUANT TO SHARE PLACEMENT OF 15.3 MILLION SHARES AT AN ISSUE PRICE OF 36 CENTS PER SHARE
* FUNDS RAISED WILL BE USED TO FUND CO'S CHINA BUSINESS
July 4 (Reuters) - Phoslock Water Solutions Ltd PHK.AX :
* RAISED $5.5 MILLION (BEFORE COSTS) PURSUANT TO SHARE PLACEMENT OF 15.3 MILLION SHARES AT AN ISSUE PRICE OF 36 CENTS PER SHARE
* FUNDS RAISED WILL BE USED TO FUND CO'S CHINA BUSINESS