May 11 (Reuters) - Keytone Dairy Corporation Ltd KTD.AX :
* KEYTONE DAIRY- RECEIVES BINDING COMMITMENTS FOR A PLACEMENT RAISING $12.5 MILLION
* KEYTONE DAIRY- PLACEMENT OF ABOUT 40.3 MILLION SHARES AT $0.31 PER SHARE
* KEYTONE DAIRY- UNIT TO ACQUIRE ASSETS OF AUSCONFEC PTY LTD FOR $2.25M
* KEYTONE DAIRY CORP - ACQUISITION IS EXPECTED TO MAKE A POSITIVE EARNINGS CONTRIBUTION IN FY21