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Stratton Resources Completes $8.5 Million Financing and Appoints Management Team

Investing News Network
Jul. 25, 2011 06:18PM PST
Industrial Metals Investing

Stratton Resources Inc. (CVE:SI) announced that its private placement financing has now closed.

Stratton Resources Inc. (TSXV:SI) announced that its private placement financing has now closed.

The press release is quoted as saying:

The Company has now granted options to purchase 1,455,000 common shares of Stratton to officers, directors, consultants and employees of Stratton. The options are exercisable to purchase common shares at a price of $1.50 for a period of five years and are subject to vesting conditions.

Click here to read the entire news release.

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