Nov 9 (Reuters) - 1ST Available Ltd 1ST.AX :
* Placement and spp 1ST.AX
* Says received a binding commitment to a share placement (placement) of $1.2M (before costs)
* Says 1st will issue a total of 10 million new shares at a price of $0.12 per share
* Says capital raised from both the placement and spp will be used to strengthen 1stavailable's cash position
* Source text for Eikon ID:nASXFx1Ks