June 8 (Reuters) - Gage Roads Brewing Co Ltd GRB.AX :
* CO WILL UNDERTAKE A $10 MILLION PLACEMENT TO INSTITUTIONAL SHAREHOLDERS AND A $2 MILLION SHARE PURCHASE PLAN
* GAGE ROADS BREWING CO -TO ACQUIRE 100% OF SHARES IN MATSO'S BROOME BREWING FOR $13.25 MILLION PLUS DEFERRED CONSIDERATION OF UP TO AN ADDITIONAL $2.8 MILLION