News: SER Strategic Energy Resources says launched entitlement issue to raise about $2.1 million

April 12 (Reuters) - Strategic Energy Resources Ltd (SER) :

• Asx alert-partially underwritten non-renounceable entitlement offer-SER.AX
• Proceeds of entitlement offer will be used to fund costs of entitlement offer, exploration activities and co's on-going working capital requirements.
• Launched partially underwritten non-renounceable entitlement issue of 1 fully paid ordinary share for each 2 shares held by eligible shareholders
• Launched a partially underwritten non-renounceable entitlement issue to raise approximately $2.1 million