March 29, 2017 / 11:26 PM / 5 months ago

BRIEF-Brain Resource updates on placement and share purchase plan

March 30 (Reuters) - Brain Resource Ltd

* Placement and share purchase plan

* announce binding commitments to raise A$1 million through placement of 12.5 million new fully paid ordinary shares at A$0.08 per share

* Capital raising will enable brc to fund its operations with a focus on growing revenues from its mybrainsolutions business Source text for Eikon: Further company coverage:

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