April 9 (Reuters) - Tawana Resources NL TAW.AX :
* TO RAISE GROSS PROCEEDS OF A$20 MILLION VIA ISSUE OF 48.8 MILLION NEW FULLY PAID ORDINARY SHARES AT AN ISSUE PRICE OF A$0.41 PER SHARE
* ALSO INTENDS TO PLACE UP TO A FURTHER A$5 MILLION IN GROSS PROCEEDS