March 6 (Reuters) - Rift Valley Resources Ltd RVY.AX :
* Announces a non-renounceable rights issue (offer) to raise approximately $2.264 million
* Company intends to use funds raised under offer to fund further exploration at its ozango project in angola
* Shareholders will be entitled for 1 fully paid ordinary share for every 7 shares held at an issue price of $0.025 per new share Source text for Eikon: Further company coverage: RVY.AX