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
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