Dec 13 (Reuters) - Musgrave Minerals Ltd (MGV) :
- RECEIVED COMMITMENTS TO RAISE $5.5 MILLION (BEFORE COSTS) VIA A PLACEMENT OF 59.8 MILLION SHARES
- FUNDS RAISED WILL BE USED FOR ACCELERATING DRILLING OF NEW LAKE AUSTIN NORTH GOLD DISCOVERY & OTHER GOLD TARGETS ON CUE PROJECT
