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Immutep Ltd., of Sydney, said it entered into a securities purchase agreement with certain accredited investors who will purchase 260 million ordinary shares represented by 2.6 million American depositary shares (ADS) at $2 each in a registered direct offering, for gross proceeds of approximately $5.2 million (A$7.2 million). In a concurrent private placement, the company has agreed to issue warrants to purchase up to 208 million ordinary shares represented by 2.08 million ADSs.