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BRIEF-Stratton Resources to raise up to $13,000,000 through non-brokered private placement

Published 2017-01-20, 07:11 a/m
© Reuters.  BRIEF-Stratton Resources to raise up to $13,000,000 through non-brokered private placement
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Jan 20 (Reuters) - Stratton Resources Inc SI.V

* Stratton Resources to raise up to $13,000,000 through non-brokered private placement

* Says intends to use net proceeds for precious metal exploration on its projects in Newfoundland, further mineral property acquisitions

* Stratton Resources Inc says non-brokered private placement for up to 20 million common shares of company at a price of C$0.65 per share

* Announces non-brokered private placement for up to 20 million common shares of company at a price of cad$0.65 per share Source text for Eikon: Further company coverage: SI.V

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