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SWA Sarama Resources News Story

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Brief: Sarama Resources to issue shares to fund Burkina Faso exploration program

July 20 (Reuters) - Sarama Resources Ltd  SWA.V  
    * 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:  ID:nCCNPhwTha  
Further company coverage:  SWA.V  
 
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