Canada Carbon Inc. (TSXV:CCB), a graphite mining and production company, has announced its plans to complete up to 5,000,000 units of non-brokered private placement valued at $0.10 per unit.
As quoted in the press release:
It is currently anticipated that certain insiders of the Company will be participating for greater than 25% of the Private Placement. The net proceeds from the Private Placement will be used primarily for general working capital.
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