BRIEF-San Marco to carry out a C$1.26 million private placement By Reuters

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BRIEF-San Marco to carry out a C$1.26 million private placement

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BRIEF-San Marco to carry out a C$1.26 million private placement

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Sept 29 (Reuters) - San Marco Resources Inc SMN.V

* San Marco to carry out a C$1.26 million private placement

* San Marco resources - arranging placement to raise gross proceeds of up to C$ 1.26 million through sale of up to 7 million units in co at price of $0.18 per unit

* San Marco Resources - up to approximately $800,000 of gross proceeds from offering will be used to continue exploration work on company's properties

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