The capital raising includes both a private placement to...

The capital raising includes both a private placement to institutional investors and a share purchase plan for shareholders.

Excerpt of Derek Fisher on BRR

"The placement is essentially through the canadian market but stonebridge group ltd will be undertaking private placement in certain jurisdictions including australia"

He goes on to say that the book build was fully and over-subscibed and When questioned on his past mention of partnering options he stated all he could say is that the discussions were ongoing and starting to mature and that they are pretty excited about the outcome of these discussions". http://www.brr.com.au/