Oct 6 (Reuters) - First Growth Funds Ltd FGF.AX :
* First Growth Funds to acquire Public-Democracy Pty Ltd
* Public-demoracy' is currently finalising prototypes of both its platform and
applications for Mobile and installed devices
* Says entered into a binding terms sheet to acquire 100 pct of Public-Democracy Pty Ltd
* Says will also undertake a placement to raise at least A$1.5 million at a
price not less than $0.01 per share
* Source text for Eikon ID:nASXNNf3h