Wednesday, June 16, 2010

International Brand Licensing to raise $22.17 million in private placement

International Brand Licensing Plc (IBL) has agreed to issue 100.44 million new ordinary shares to raise GBP15.06 million at a price of GBP0.15 per share in a private placement. IBL is a UK-based company engaged in the development and exploitation of a portfolio of sports and lifestyles brands, trademarks, trade names and logos.
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