TORONTO, ONTARIO--(Marketwire - March 16, 2011) - Counsel RB Capital Inc. (the "Company") (OTCBB:CRBN) announced today that it has completed a private placement of 1,000,000 shares of common stock at an issue price of US$1.83 per share. The shares were purchased by an institutional investor. The proceeds of the private placement will be used to fund growth opportunities.