March 18 (Reuters) - Total Brain Ltd TTB.AX :
* ANNOUNCES CAPITAL RAISING WITH A$6.9MLN TARGET
* PROCEEDS OF CAPITAL RAISING TO BE USED TO FUND SOFTWARE AND PRODUCT DEVELOPMENT, AMONG OTHERS
* SHAREHOLDERS TO SUBSCRIBE FOR 1 NEW SHARE IN CO FOR 8 SHARES, OFFER PRICE TO BE A$0.028 PER NEW SHARE