Brief: Desert Star announces private placement of subscription receipts

Kutcho Copper

02/11/2017 16:02

Nov 2 (Reuters) - Desert Star Resources Ltd  DSR.V  
    * Desert Star announces up to C$14 million private placement 
of 
subscription receipts 
    * Says private placement basis, up to 21.5 million 
subscription 
receipts at a price of C$0.65 per subscription receipt 
    * Says proceeds of offering & non-brokered offering will be 
used 
mainly to fund acquisition of Kutcho Project from Capstone 
mining 
 
Source text for Eikon:  ID:nCCN6YpXSa  
Further company coverage:  DSR.V  
 
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