Serengeti Announces Completion of Oversubscribed Equity Financing

Serengeti Resources Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 25, 2017) - Serengeti Resources Inc. (TSX VENTURE:SIR)(FRANKFURT:34S) announces that it has now closed its non brokered private placement financing first announced July 10, 2017. The Company originally announced it would raise gross proceeds of up to CDN $750,000 (the "Offering"), but due to overwhelming interest, the Company agreed to increase the Offering from 5,000,000 flow through common shares at $0.15 to 5,502,000 flow through common shares at $0.15, raising gross proceeds of $825,300