Nov 27 (Reuters) - Velpic Ltd VPC.AX :
* CO SIGNS TRANSFORMATIONAL DEAL WITH NOWFORCE AND PROPOSED CAPITAL RAISING
* TO UNDERTAKE 2 STAGE A$3.14 MILLION CAPITAL RAISE
* VELPIC TO ACQUIRE ABOUT 5 PERCENT OF NOWFORCE FOR US$1M
Nov 27 (Reuters) - Velpic Ltd VPC.AX :
* CO SIGNS TRANSFORMATIONAL DEAL WITH NOWFORCE AND PROPOSED CAPITAL RAISING
* TO UNDERTAKE 2 STAGE A$3.14 MILLION CAPITAL RAISE
* VELPIC TO ACQUIRE ABOUT 5 PERCENT OF NOWFORCE FOR US$1M