It had to happen. They obviously couldn't come to terms on the divestment of any of their non core tenements.
It was done pretty well though. Hopefully enough to get them thru the next 2 drill programs.
Options at 15c due next year gives them another mil. They should be in the money one would think.
Has also been accumulation going on in the last few days.
We may see another substantial holder if its someone who participated in the raising.
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STRATEGIC ENERGY RESOURCES LIMITED
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