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BRIEF-Northern Empire announces terms of financing to buy sterling property

May 15 Northern Empire Resources Corp:

* Northern Empire announces terms of financing to acquire Sterling Property, located in Nye County, Nevada

* Proceeds of private placement will be used in part by company to acquire Sterling Property from Imperial Metals Corp

* Brokered private placement of subscription receipts at price of C$0.25 per subscription receipt to raise C$20 million

* Prior to completing acquisition, company anticipates completing consolidation of its outstanding common shares on a 3 for 1 basis Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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