July 27 (Reuters) - Orocobre Ltd ORE.AX :
* OROCOBRE WILL PARTICIPATE ON A PRO-RATA BASIS IN A C$12 MILLION PRIVATE PLACEMENT BY ADVANTAGE LITHIUM
* OROCOBRE'S TOTAL INVESTMENT IN CAPITAL RAISE WILL BE C$5 MLN MLN AND FOLLOWING COMPLETION CO WILL HOLD 33.5% OF ADVANTAGE COMMON SHARES