Serengeti Resources Inc. (CVE:SIR) reports Strategic share block purchase by Raven Hill Partners.

Serengeti Resources Inc. (TSXV:SIR) reports Strategic share block purchase by Raven Hill Partners.

The press release is quoted as saying:

Raven Hill has indicated that the shares were acquired for investment purposes only and that they do not have plans to increase their holdings in the Company at this time.

Serengeti’s President and CEO, David Moore says:

“We are pleased to have Raven Hill as a significant shareholder.” “Raven Hill has a strong presence in the capital markets in Toronto and this will be beneficial as we advance our Kwanika copper-gold project in BC and our Mexican gold-silver exploration portfolio. Furthermore, one of our current Directors is a principal in Raven Hill so this transaction tightens up our shareholder base,” elaborated Moore.

Click here to access the entire news release.