Nov 8 (Reuters) - Swift Networks Group Ltd (SW1)
- Swift's footprint to increase to approximately 40,000 room subscriptions
- Net proceeds of capital raising will fund acquisitions of web2tv and living networks
- Swift networks - two deals are an accretive transaction with low cost to acquire
- Has received binding commitments to raise $2.0 million in a placement up to 8.7 million shares to investors at $0.23 per share
- Swift networks group ltd - swift to acquire web2tv and living networks, raises $2m-sw1.ax
