May 24 (Reuters) - Strandline Resources Ltd STA.AX :
* RAISES $5.5M TO ADVANCE KEY MINERAL SANDS PROJECTS IN WA AND TANZANIA
* PLACEMENT COMPRISES 46 MILLION NEW FULLY PAID ORDINARY SHARES AT 12C PER SHARE
May 24 (Reuters) - Strandline Resources Ltd STA.AX :
* RAISES $5.5M TO ADVANCE KEY MINERAL SANDS PROJECTS IN WA AND TANZANIA
* PLACEMENT COMPRISES 46 MILLION NEW FULLY PAID ORDINARY SHARES AT 12C PER SHARE