Nov 23 (Reuters) - Yamana Gold Inc YRI.TO :
* Announces proposed private placement of shares of brio gold
* Says implied initial post-money valuation of unit, brio gold based on the
private placement is approximately $369.3 million
* Says wholly-owned subsidiary brio gold inc has commenced a private placement
of brio gold common shares
* Says private placement also provides for sale of portion of yamana's interest
in brio gold through a secondary offering of its shares
* Source text for Eikon
* Further company coverage YRI.TO