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Imagi raises $30m in financing to develop four CG-animated films

Imagi International Holdings announce today [Sept 16] that it has raised $30m in financing through two separate subscription agreements.Both agreements are expected to be completed later this month subject to regulatory procedures. The proceeds of the two transactions will be used to develop four CGI animated features including Astro Boy and Gatchaman, which are scheduled to open in 2009 and 2010, ...

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