Dec 7 (Reuters) - Big River Industries Ltd BRI.AX :
* BIG RIVER INDUSTRIES LTD - ACQUISITION OF TIMBERWOOD AND PLACEMENT-BRI.AX
* BIG RIVER INDUSTRIES LTD - ACQUISITION FOR AN ENTERPRISE VALUE OF $24.0 MILLION
* BIG RIVER INDUSTRIES LTD - ACQUISITION FUNDED VIA $20.4 MILLION INSTITUTIONAL PLACEMENT
* BIG RIVER INDUSTRIES LTD - ACQUISITION AND PLACEMENT TOGETHER ARE EXPECTED TO BE 17.4% EPS ACCRETIVE ON A PRO-FORMA BASIS FOR FY20