Nov 30 (Reuters) - PNX Metals Ltd PNX.AX :
* PLACEMENT AND RIGHTS ISSUE TO RAISE UP TO $6.67M-PNX.AX
* PLACEMENT TO RAISE $2.27 MILLION VIA ISSUE OF 378.3 MILLION SHARES AT 0.6C PER SHARE
* ALSO OFFERING PLACEMENT VIA 1 FOR 4 NON-RENOUNCEABLE PRO-RATA RIGHTS ISSUE TO RAISE UP TO $4.4 MILLION AT 0.6C/SHARE
* PROCEEDS TO SUPPORT FEASIBILITY & DEVELOPMENT ACTIVITIES AT CO'S 100% OWNED FOUNTAIN HEAD GOLD PROJECT