BRIEF-Rupert Resources intends to complete non-brokered private placement of up to 15.4 mln common shares at $0.65 per share

Wed Oct 19, 2016 7:23am EDT
 
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Oct 19 (Reuters) - Rupert Resources Ltd :

* Rupert Resources announces non-brokered private placement

* Rupert Resources-intends to complete a non-brokered private placement of up to 15.4 million common shares of co at a price of $0.65 per share

* Rupert Resources-intends to use proceeds in connection with phase 2 of its exploration program and returning permitted pahtavaara mine to production Source text for Eikon: Further company coverage: