Oct 25 (Reuters) - Breaker Resources NL (BRB) :
- GL1 AGREES TO ACQUIRE 100% OF MANNA PROJECT
- DEAL FOR A$60 MILLION IN CASH
- INSTITUTIONAL PLACEMENT TO RAISE UP TO ABOUT A$111.4 MILLION
- TOTAL EQUITY RAISING PROCEEDS OF UP TO APPROXIMATELY A$121.5 MILLION
- PROCEEDS FROM PLACEMENT TO BE APPLIED TOWARDS MANNA TRANSACTION, EXPLORATION AT MANNA, AMONG OTHERS
- PLACEMENT AND SPP ISSUE PRICE OF A$2.25 PER SHARE
