Strategic Energy Resources Limited (ASX: SER) (SER or the Company) is pleased to announce that it has received firm commitments to raise $807,500 by way of a Share Placement of 237.5M fully paid ordinary
and another raise
Strategic Energy Resources Limited (ASX: SER) (SER or the Company) is pleased to announce that it has received firm commitments to raise $857,000 by way of a Share Placement of 252,058,823 fully paid ordinary shares
147,058,823 Shares ($500,000) are proposed to be issued to Datt Capital, a well-regarded and respected investor in the resources sector, and will see Datt Capital become a substantial shareholder of SER.
The funds raised from the Placement will be utilised towards drilling the Company’s Saxby Gold and Billa Kalina Copper-Gold projects and general working capital.