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BRIEF-Sarama Resources to issue shares to fund Burkina Faso exploration program
July 20, 2017 / 12:57 PM / 4 months ago

BRIEF-Sarama Resources to issue shares to fund Burkina Faso exploration program

July 20 (Reuters) - Sarama Resources Ltd

* Sarama resources announces private placement to fund exploration programs in Burkina Faso

* Conducting a private placement to raise gross proceeds of up to C$2.5 million

* Private placement will involve issuance of up to 13.9 million common shares of Sarama at a price of C$0.18 per share

* Proceeds of private placement will be used principally to fund exploration activity in Burkina Faso Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

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