Great Lakes closes $609,450 first tranche of financing
Great Lakes Graphite Inc. has closed the first tranche of its non-brokered private placement, previously announced on April 4, 2016, and amended as announced on June 1, 2016. The first tranche of the financing was completed by issuing 5,135,000 units at a price of seven cents per unit for proceeds of $359,450 and 3,333,333 flow-through eligible shares at a price of 7.5 cents per share for proceeds of $250,000, for gross proceeds of $609,450. Each unit in the offering consists of one common...
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