Nov 7 (Reuters) - OBJ Ltd OBJ.AX :
* CONDITIONALLY AGREED TO ACQUIRE 100% OF ISSUED SHARE CAPITAL OF EXPORT CORPORATION (AUSTRALIA) PTY LTD
* TOTAL ACQUISITION CONSIDERATION IS $85 MILLION OF WHICH $50 MILLION TO BE SATISFIED WITH CASH & $35 MILLION IN EQUITY
* PROPOSED CAPITAL RAISING OF UP TO $50M VIA ISSUE OF UP TO 166.67 MILLION SHARES AT $0.30/SHARE ON A POST-CONSOLIDATION BASIS
* PROPOSES TO SEEK A DEBT FACILITY OF UP TO $20 MILLION