July 13 (Reuters) - Krakatoa Resources Ltd KTA.AX :
* RECEIVED COMMITMENTS TO RAISE $2.4 MILLION VIA A PLACEMENT
* PLACEMENT AT $0.08 PER SHARE
* FUNDS RAISED TO BE USED TO ADVANCE CO'S 3 PROJECTS IN NSW'S LACHLAN FOLD BELT
July 13 (Reuters) - Krakatoa Resources Ltd KTA.AX :
* RECEIVED COMMITMENTS TO RAISE $2.4 MILLION VIA A PLACEMENT
* PLACEMENT AT $0.08 PER SHARE
* FUNDS RAISED TO BE USED TO ADVANCE CO'S 3 PROJECTS IN NSW'S LACHLAN FOLD BELT