BRIEF-First Bauxite announces private placement

Sept 17 (Reuters) - First Bauxite Corp:

* Announces non-brokered private placement

* Funds will also be used to fund continued exploration, development on

Waratilla Cartwright prospect license

* Private placement for up to 4,855,422 units at a price of $0.83 per unit

* Funds will be used to fund continued exploration, development on Bonasika

Mining License

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