Brief: Stratton Resources intends to raise up to $7 million through a non-brokered private placement.

Torq Resources

13/08/2016 24:10

Aug 12 (Reuters) - Stratton Resources Inc  SI.V  
    * Intends to raise up to $7 million through a non-brokered 
private placement. 
    * Placement will consist of up to 20 million common shares 
of company at a price of cad$0.35 per share 
    * Intends to use net proceeds for mineral property 
acquisitions and general corporate purposes 
 
    Source text for Eikon:  ID:nMKWFg7spa  
    Further company coverage:  SI.V  
 
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