February 15, 2017 / 10:23 AM / 6 months ago

BRIEF-Arak Resources proposes private placement of up to 4.64 mln units

Feb 15 (Reuters) - Arak Resources Ltd

* Arak Resources Ltd. - Proposed financing

* Non-Brokered private placement of up to 4.64 million units at a price of $0.14 per unit Source text for Eikon: Further company coverage:

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