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    BluGlass (ASX:BLG) raises $5.9M in share purchase plan to fuel GaN laser production

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    BluGlass, a global semiconductor developer, closed its share purchase plan, raising $5.9 million to boost operations, including enhancing production of GaN lasers and increasing working capital.

    The share purchase plan, allowing shareholders to invest at 3.7 cents per share, followed a $4.3 million placement, totalling over $10 million.

    New shares are set to be allotted on April 3.

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