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.
"Did you know graphite is as tough as diamonds, but its unique structure makes it light, soft, and highly resistant to heat as well?"Find out everything an investor needs to know about graphite investing. Click below to download a FREE industry report on the graphite market.
Get My Free Report
Click here to download for free