Alabama Graphite closes $2.87-million private placement
ALABAMA GRAPHITE ANNOUNCES CLOSING OF $2.875 MILLION BROKERED PRIVATE PLACEMENT Alabama Graphite Corp. has closed its private placement as previously announced on June 17, 2015, led by First Republic Capital Corp., to raise gross proceeds of $2,875,000, which amount includes First Republic’s option to have sold such number of additional units as is equal to 15 per cent of the units sold under the private placement. The Company issued 14,375,000 Units at a price of $0.20 per Unit to raise...
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