Nov 27 (Reuters) - Catalyst Metals Ltd CYL.AX :
* GOLD EXPLORATION VICTORIA TO SUBSCRIBE FOR A $7.875 MILLION PLACEMENT OF CATALYST SHARES AT A SUBSCRIPTION PRICE OF $2.25 PER SHARE
* FOLLOWING SHARE PLACEMENT, GEV WILL HOLD AN EQUITY INTEREST OF 14.8% OF CATALYST
* FOLLOWING SHARE PLACEMENT GEV TO BECOME CATALYST'S LARGEST SHAREHOLDER