Stroud Resources Announces Extension of Private Placement Closing Date

Stroud Resources Ltd. (TSXV:SDR) announced that they have extended the final date for the completion of their non-brokered private placement to August 31, 2013.

As quoted in the press release:

 Stroud is continuing to market its proposed private placement of up to 20,000,000 units at a price of $0.02 per unit to raise gross proceeds of up to $400,000. Each unit will consist of one common share and one-half of one common share purchase warrant, with each whole warrant entitling the holder to acquire one additional common share at a price of $0.05 for a period of 12 months from the date of issue and thereafter at a price of $0.10 until the date that is 24 months from the date of issue.

To view the whole press release, click here.