SLAM Exploration announced today that it has closed the first tranche of its previously announced non-brokered private placement (the "Private Placement") for aggregate gross proceeds of $459,500. Please see the Company's news release dated November 20, 2012 for further details regarding the Private Placement. The Company issued 1,652,500 flow-through units (each, a "FT-Unit") at a subscription price of $0.20 per FT-Unit
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