Financing totalling $450,000 has been announced by Stratmin Inc. (ME), the money to be spent on exploration work at the company’s Mont-Laurier graphite property in Quebec.
Stratmin says CMP 1988 Resources Partnership and Co. Ltd. has agreed to commit $150,000 in consideration of Stratmin issuing to it common shares at $1.30 per share. Two private placements worth $150,000 each have also been sign ed in consideration of Stratmin issuing flow-through shares at $1.25 per share.
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