May 25 (Reuters) - Kairos Minerals Ltd KAI.AX :
* FIRM COMMITMENTS RECEIVED FOR $2.5M SHARE PLACEMENT AT 1.1 CENTS PER SHARE
* TO ALSO UNDERTAKE ONE-FOR-EIGHT NON-RENOUNCEABLE RIGHTS ISSUE AT 1.1 CENTS TO RAISE UP TO A FURTHER $1.7M
May 25 (Reuters) - Kairos Minerals Ltd KAI.AX :
* FIRM COMMITMENTS RECEIVED FOR $2.5M SHARE PLACEMENT AT 1.1 CENTS PER SHARE
* TO ALSO UNDERTAKE ONE-FOR-EIGHT NON-RENOUNCEABLE RIGHTS ISSUE AT 1.1 CENTS TO RAISE UP TO A FURTHER $1.7M