BRIEF-St Barbara Says Institutional Placement & SPP To Accelerate Simberi

Reuters11-05

Nov 5 (Reuters) - St Barbara Ltd :

* INSTITUTIONAL PLACEMENT AND SPP TO ACCELERATE SIMBERI

* A$100 MILLION INSTITUTIONAL PLACEMENT AND A$10 MILLION SHARE PURCHASE

* ANNOUNCES A$100 MILLION PLACEMENT AND A$10 MILLION SPP

* FUNDS TO ACCELERATE SIMBERI SULPHIDE EXPANSION PROJECT

* PLACEMENT AT A PRICE OF A$0.38 PER NEW SHARE

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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