Yonder and Beyond Group Limited (ASX:YNB) announced a private placement of 13,496,097 common shares at a price of AUD 0.06 per share for gross proceeds of AUD 809,765.82 on November 8, 2016. The transaction will include participation from sophisticated and strategic new and existing investors. The shares outstanding will increase from 89,973,986 to 103,470,083 upon closing. The shares issued in this transaction will represent 13.043478% stake in the company.