Jan 16 (Reuters) - Xanadu Mines Ltd XAM.AX :
* XANADU RAISES $2.5 MILLION
* XANADU MINES LTD - PLACEMENT WAS CONDUCTED AT $0.033 PER SHARE AND IT WILL RESULT IN 78.3 MILLION NEW ORDINARY SHARES (NEW SHARES) BEING ISSUED
* XANADU MINES LTD - NEW SHARES WILL BE ISSUED TO PRECIOUS CAPITAL GOLD MINING & METALS FUND (PCG), MANAGED BY SSI ASSET MANAGEMENT AG
* XANADU MINES LTD - FOLLOWING COMPLETION OF RAISING, PCG WILL HOLD ABOUT 9.9% OF XANADU