May 24 (Reuters) - Sipa Resources Ltd SRI.AX :
* TO RAISE $1.04 MILLION THROUGH PLACEMENT OF 104 MILLION SHARES TO UNDERPIN EXPLORATION CAMPAIGN AT PATERSON NORTH COPPER-GOLD PROJECT
May 24 (Reuters) - Sipa Resources Ltd SRI.AX :
* TO RAISE $1.04 MILLION THROUGH PLACEMENT OF 104 MILLION SHARES TO UNDERPIN EXPLORATION CAMPAIGN AT PATERSON NORTH COPPER-GOLD PROJECT