Aug 4 (Reuters) - Sprott Resource Corp SCP.TO :
* Announces agreement for $200 million private placement by Long Run
Exploration Ltd
* Agreement for a private placement of Long Run common shares to Maple Marathon
investments limited
* Says proceeds from the private placement will be used for debt reduction to
improve Long run's capital structure
* Says Long Run will issue to Maple Marathon 155 million units at an issue
price of $1.30 per unit
* Source text for Eikon ID:nGNXVEDOEa
* Further company coverage SCP.TO