Dec 7 (Reuters) - Slam Exploration Ltd SXL.V :
* SLAM ANNOUNCES $500,000 PRIVATE PLACEMENT
* SLAM EXPLORATION LTD - ANNOUNCES PRIVATE PLACEMENT OF UP
TO 2
MILLION UNITS AT $0.05 PER UNIT & UP TO 8 MILLION FLOW-THROUGH
(FT) UNITS AT $0.05/ FT UNIT
* SLAM EXPLORATION LTD - PROCEEDS RECEIVED FROM FT UNITS
WILL BE
USED TO FUND EXPLORATION ON SLAM'S COBALT AND BASE METAL
PROJECTS IN NEW BRUNSWICK
Source text for Eikon: ID:nCNWGCffha
Further company coverage: SXL.V
((Bangalore.newsroom@thomsonreuters.com;))