STAN WEST <SWMC> MAKES PRIVATE PLACEMENT
Stan West Mining Corp said it
completed a private placement of three mln units, consisting of
three mln common shares and warrants to purchase another 1.5
mln shares.
    The units were placed among institutional investors outside
the United States and Canada through lead agent Shearson Lehman
Brothers International Inc, Stan West said.
    It said the transaction will raise over 13 mln dlrs before
fees and expenses.
    Trading in Stan West was halted earlier, news pending. It
last traded at 4-11/16.
 Reuter
