BRIEF-Ascot announces drill results and private placement

Wed Jun 8, 2016 4:37pm EDT
 
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June 8 (Reuters) - Ascot Resources Ltd

* Ascot announces drill results and private placement

* Will undertake a non-brokered private placement to accredited investors of up to 3.2 million units at a price of $1.25 per unit

* Ascot Resources Ltd says proceeds will be used for exploring company's premier property and will constitute canadian exploration expenses Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)