Strait Gold reports unit private placement

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Thu, Nov 26, 2009
Silver Company News
Post by Melissa Pistilli, Silver Senior Reporter

Strait Gold Corporation (TSX VENTURE:SRD) today reported that the company is offering up to 20,000,000 units of the Company at a price of $0.10 per unit, for gross proceeds of up to $2,000,000.

The press release is quoted as saying:

Strait Gold Corporation is a Canadian mineral exploration company active in Peru and listed on the TSX Venture Exchange. It has an option to earn a 100% interest in the Alicia copper-gold property in Cusco Department approximately 500 km southeast of Lima, the capital of Peru, and holds a 100% interest in both the Letra Rumi South copper-silver property and the Culebrilla gold-silver property, both in Ancash Department approximately 250 km north of Lima.

Click here to access the entire press release

Click here to access Strait Gold Corporate Site

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