Aug 12 (Reuters) - Stratton Resources Inc SI.V
* Intends to raise up to $7 million through a non-brokered private placement.
* Placement will consist of up to 20 million common shares of company at a price of cad$0.35 per share
* Intends to use net proceeds for mineral property acquisitions and general corporate purposes
Source text for Eikon: ID:nMKWFg7spa
Further company coverage: SI.V