Focus Graphite Announces Increase to Previously Announced Non-Brokered Private Placements of Flow-Through Units
Company” or “ Focus Graphite”) is pleased to announce that it has increased the gross proceeds for the flow-through portion of its previously announced non-brokered private placement of up to 10,000,000 units (“ Flow-Through Units”) for gross proceeds of $500,000 (the “ Initial Offering”). The Company has increased the Initial Offering to 20,000,000 Flow-Through Units at $0.05 per Flow-Through Unit for gross proceeds of up to $1,000,000 to accommodate investor demand (the “ Offering”). Each Flow-Through Unit consists of one Common Share issued on a flow-through basis (a “ ...
Source: financialpost.com