Strategic Energy Resources: Serves up big share placement to Datt Capital
- Strategic Energy Resources (SER) has announced its closed a share placement and generated $857,000
- The company issued just over 250 million shares, at a per-share price of 0.34 of an Australian cent
- Strategic Energy has described Datt Capital as a well-regarded and respected investor in the resources sector
- Then the company issued 58 per cent of these shares to Datt Capital, a resources sector financier
- The company has already issued just under 1.2 billion shares, and is now looking at completing a 10:1 share consolidation
- Strategic Energy Resources shares closed 11.1 per cent higher on Friday, last trading for 0.5 cents each
