July 16 (Reuters) - King River Resources Ltd KRR.AX :
* GETS FIRM COMMITMENTS FOR PLACEMENT OF 66.7 MILLION SHARES AT $0.03 PLUS 1 FREE ATTACHING OPTION FOR EVERY 2 SHARES
* FUNDS RAISED WILL BE USED TO BRING FORWARD GOLD EXPLORATION PROGRAMMES AT MT REMARKABLE AND TENNANT CREEK PROJECTS
* OPTIONS HAVE EXERCISE PRICE OF $0.06 & EXPIRY DATE OF 31 JULY 2022