Eforce banks $1.5m

Eforce has placed six million shares at .25# raising $1.5 million in cash.

Eforce has placed six million shares at .25¢ raising $1.5 million in cash.

The purchaser, André Amouyal, is associated with Product Sourcing International, one of the companies proposed for acquisition by Eforce, for the past three years.

Amouyal has indicated his desire to increase his shareholding within Eforce to around 10%. This could be achieved by a further placement of shares or by market acquisition.

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