Dec 18 (Reuters) - Dealnet Capital Corp DLS.V :
* DEALNET ANNOUNCES $12 MILLION PRIVATE PLACEMENT OF 6 % SECURED NON-CONVERTIBLE DEBENTURES
* DEALNET CAPITAL - PROCEEDS WILL BE USED TO FUND CO'S 2018 GROWTH ORIENTED BUSINESS PLAN
* DEALNET CAPITAL - PROCEEDS WILL ALSO BE USED FOR REPAYMENT OF CO'S $2.5 MILLION CONVERTIBLE DEBENTURE OWING TO CHESSWOOD GROUP DUE FEB 2018