Ann: Breaker to ramp up Resource drilling after $8m placement, page-2

Nice , 35c placement non-brokered. Thats the way to do it, no overhang created here for the Brokers to feed on along with a huge saving on Fees and sweetners, even the placement price is over 10% higher than last close rather than 15% below.

"Breaker Resources NL (ASX: BRB; “Breaker” or “Company”) is pleased to announce that it has agreed a non-brokered $8.0 million share placement to Electrum Strategic Opportunities Fund II LP (“Electrum”), a major US-based private equity fund focused on precious metals"