Dec 7 (Reuters) - Big River Gold Ltd BRV.AX :
* SUCCESSFUL A$20M CAPITAL RAISING-BRV.AX
* NEW SHARES TO BE ISSUED UNDER PLACEMENT PRICED AT A$0.05 PER SHARE
* FUNDS RAISED FROM PLACEMENT WILL BE USED TO ADVANCE DEVELOPMENT & CONSTRUCTION OF CO'S BORBOREMA GOLD PROJECT IN BRAZIL