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Stratton Resources Closes Previously Announced Private Placement

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Feb. 27, 2017) – Stratton Resources Inc. (TSX VENTURE:SI) (“Stratton” or the “Company”), is pleased to announce that it has closed its previously announced non-brokered private placement of 20.3 million common shares at a price of CAD$0.65 per share (the “Offering”). Gross proceeds under the Offering were CAD$13,195,000.