July 11 (Reuters) - Empire Resources Ltd ERL.AX :
* CO HAS TAKEN A PLACEMENT OF 46.15 MILLION FULLY PAID ORDINARY SHARES IN NTM GOLD
* INVESTMENT TO BE FUNDED FROM CURRENT CASH RESERVES, UNSECURED LOAN OF $1.5M BY CO'S NON-EXECUTIVE CHAIRMAN AND MAJOR SHAREHOLDER
* INVESTING $1.5M AT $0.0325 PER SHARE