Aug 20 (Reuters) - Tassal Group Ltd TGR.AX :
* TO UNDERTAKE CIRCA $108 MILLION RAISING TO FUND ACCELERATED PRAWN GROWTH STRATEGY
* UNDERTAKING PLACEMENT OF 24.6 MILLION NEW TASSAL FULLY PAID ORDINARY SHARES TO INVESTORS TO RAISE CIRCA $108 MILLION
* PLACEMENT IS FULLY UNDERWRITTEN AT A FIXED PRICE OF $4.40 PER SHARE