Focus Graphite closes $2.05M first tranche of financing

Mar 16, 2015

FOCUS GRAPHITE CLOSES FIRST TRANCHE OF OFFERING Focus Graphite Inc. has closed the first tranche of its previously announced private placement for gross proceeds of $2,051,758.10 (see company’s news release dated March 2, 2015, for more details on the offering). In total, the Company has issued 5,862,166 units (the “Units”) at a price of $0.35 per Unit, each Unit being comprised of one (1) common share of the Company and one half (1/2) of one common share purchase warrant...

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