Sept 4 (Reuters) - Domacom Australia Ltd DCL.AX :
* $3.6M PLACEMENT AS PART OF $16.6M RECAPITALISATION PROPOSAL-
* ENTERED IMPLEMENTATION AGREEMENT ON PROPOSAL FOR A DOMACOM SUB-FUND TO ACQUIRE AUSTAGRI GROUP
* IF COMPLETED, AAGL TRANSACTION TO INCREASE CO'S FUM BY AT LEAST $300M
* AAGL DEAL EXPECTED TO INCREASE CO'S FUM BY AT LEAST $300M AND DELIVER AT LEAST $13 MILLION IN REVENUE OVER 5-YEAR TERM OF SUB-FUND
* ENTERED PLACEMENT AGREEMENT WITH FQC FINTECH 2 TO ISSUE 33.3 MILLION DOMACOM ORDINARY SHARES AT $0.06 PER SHARE
* AS CONSIDERATION FOR ACQUISITION, AAGL SHAREHOLDERS TO RECEIVE 1 UNIT IN DOMACOM SUB-FUND PER 1 AAGL SHARE HELD
* UNDER PROPOSAL, CO TO ALSO SEEK SHAREHOLDER APPROVAL TO ISSUE 100 MILLION DOMACOM SHARES TO AAGL SHAREHOLDERS