Quickflix Successfully Completes Capital Raising

Quickflix Limited (ASX: QFX), Australia’s leading online movie subscription company, announced today that it had successfully completed a $2M capital raising through a combination of a private placement (completed in June) and a subsequent rights issue both priced at 5 cents. The rights issue received strong support with 64 per cent of entitlements taken up and the balance raised through underwriting by existing shareholders.
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