Sama Resources Closes First Tranche of Equity Financing
Montreal, Quebec, May 24, 2016 – Sama Resources Inc./Ressources Sama Inc. (TSX.V: SME) (“Sama” or the “Company”)is pleased to announce the closing of the first tranche of its previously announced non brokered private placement (the “Private Placement”) by issuing 2,650,500 units (the “Units) at a price of CAN$0.10 per Unit, for gross proceeds of $265,050.