BRIEF-Signature Resources announces private placement gross proceeds of up to $1 mln

Thu Apr 21, 2016 8:45am EDT
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April 21 (Reuters) - Signature Resources Ltd

* Brokered private placement for aggregate gross proceeds of up to $1 million

* Says Company Will Issue Up To A Maximum Of A Combination Of 20 Mln Units And Flow

* Intends to use proceeds of offering for development of company's lingman lake project

* Through units, at a price of $0.05/unit Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)