July 20 (Reuters) - S2 Resources Ltd S2R.AX :
* ANNOUNCES A$7.75 MILLION PLACEMENT
* PLACEMENT OF 62 MILLION ORDINARY SHARES AT A$0.125 PER NEW SHARE
* PROCEEDS OF PLACEMENT WILL BE USED TO ADVANCE ONGOING EXPLORATION ACTIVITIES IN FINLAND
July 20 (Reuters) - S2 Resources Ltd S2R.AX :
* ANNOUNCES A$7.75 MILLION PLACEMENT
* PLACEMENT OF 62 MILLION ORDINARY SHARES AT A$0.125 PER NEW SHARE
* PROCEEDS OF PLACEMENT WILL BE USED TO ADVANCE ONGOING EXPLORATION ACTIVITIES IN FINLAND