March 29 (Reuters) - Strandline Resources Ltd STA.AX :
* STRANDLINE LAUNCHES FULLY UNDERWRITTEN EQUITY RAISING-STA.AX
* FULLY UNDERWRITTEN A$122M EQUITY RAISING
* FULLY UNDERWRITTEN 1 FOR 1.3 PRO-RATA ACCELERATED NON-RENOUNCEABLE ENTITLEMENT OFFER
* NEW SHARES TO BE ISSUED AT A$0.205 PER SHARE
* EQUITY RAISING ENABLES STRANDLINE TO COMMENCE DEVELOPMENT OF COBURN
* TEMBO CAPITAL COMMITTED TO TAKING UP 70 MILLION SHARES IN EQUITY RAISE WORTH A$14.4 MILLION