DNI Metals closes $80,050 second tranche of placement
DNI Metals Inc. has received two term sheets for financing that would form part of the $7-million financing package for DNI’s 2016 business plan that includes the development of DNI’s Madagascar graphite project and the purchase of the lab/tech centre announced in a press release dated Aug. 25, 2015. Further to its news release dated Jan. 29, 2016, the company has closed, subject to final regulatory approval, the second tranche of its non-brokered private placement financing. The...
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