Equitas Resources Corp. Announces $1,000,000 Non-Brokered Private Placement to Acquire Alta Floresta Gold

Equitas Resources (TSXV:EQT; FSE:T6UN) announced that the Company has arranged a non-brokered private placement of up to 20,000,000 units of the Company at a price of $0.05 per Unit for gross proceeds of up to $1,000,000.
Proceeds of the private placement are expected to be utilised to advance the Cajueiro Project, located in the States of Mato Grosso and Para, Brazil in accordance with the terms of the Alta Floresta Gold Ltd. share exchange agreement. The definitive share exchange agreement is subject to TSX Venture Exchange approval.
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