April 21 (Reuters) - Accelerate Resources Ltd AX8.AX :
* ACCELERATE RESOURCES-NON-RENOUNCEABLE 1-FOR-3 RIGHTS ISSUE OF FULLY PAID ORDINARY SHARES AT AN ISSUE PRICE OF $0.012 PER SHARE
* ACCELERATE RESOURCES LTD - FUNDS RAISED BY RIGHTS ISSUE WILL SUPPORT ADDITIONAL EXPLORATION ACTIVITIES ON TAMBELLUP KAOLIN PROJECT