BE Resources Inc. (TSXV:BER) announced a non-brokered private placement of up to 9,000,000 common shares at a price of CAD 0.30 per share for the gross proceeds of up to 2,700,000 on January 4, 2017. The transaction is subject to approval from TSX Venture Exchange. The securities are being subject to four months hold period. The company may pay a commission or finder’s fee to eligible parties in connection with the transaction subject to the approval of the TSX Venture Exchange and compliance with applicable securities laws.