Focus Graphite closes $1.93-million first tranche
FOCUS GRAPHITE LAUNCHES PROJECT FINANCING PHASE OF LAC KNIFE WITH FIRST CLOSING OF A $6.5 MILLION PRIVATE PLACEMENT Focus Graphite Inc. has launched the project financing phase of the Lac Knife development project, with the closing of the first tranche of a non-brokered private placement offering of up to 13 million units at a price of 50 cents per unit for gross proceeds of $6.5-million. In total, Focus issued 3,861,000 units for gross proceeds of $1,930,500. Each unit consists of one common...
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