Serengeti Resources Inc.

11:52 AM EST - Serengeti Resources Inc. : Announced a non-brokered Flow Through private placement financing to raise gross proceeds of up to $1,500,000 through the sale of up to 6,250,000 flow-through common shares at a price of $0.24 per FT Share. Serengeti Resources Inc. shares V.SIR are trading down $0.01 at $0.19.