April 1 (Reuters) - Funtastic Ltd (FUN) :
- Share placement & share purchase plan (FUN)
- Funtastic announces institutional placement and share purchase plan to raise approximately A$3 million
- Company's shares have been placed in a trading halt with trading expected to resume at 10:00am on 5 April 2016
- Net proceeds will be used to provide additional funding to continue development and global distribution of brands
