April 3, 2017 / 1:05 AM / 5 months ago

BRIEF-Wellard to raise $52 million

April 3 (Reuters) - Wellard Ltd :

* Asx alert-wellard to raise $52 million-wld.ax

* Wellard ceo mauro balzarini said fundraising would replenish working capital

* Wellard - fundraising will be comprised of placement of 25 million new shares, non-renounceable pro rata entitlement offer & issue of convertible notes Source text for Eikon: Further company coverage:

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