Strait is pleased to announce that, further to its Press Release of December 9, 2011, it has closed the $600,000 private placement with Teck Resources. Teck subscribed for 3,000,000 Units of Strait Gold at $0.20 per Unit. Each Unit is comprised of one common share and one share-purchase warrant exercisable at $0.25 within 12 months of closing of the placement or at $0.35 by December 31, 2013. The securities issued to
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