/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ MIRAMICHI, NB, July 26, 2016 /CNW/ -
SLAM Exploration Ltd. (TSXV: SXL) (the "Company") announces that it has closed the first tranche of the private placement announced June 29, 2016 (the "Private Placement"). The Company raised $305,680 by placement of 3,894,000 Units at a price of $0.06 per Unit and 1,220,667 FT Units at a price
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