Saint Jean Carbon Inc. (TSXV:SJL) announced that the previously announced non-brokered $14,000,000 convertible debenture private placement and a $600,000 bridge loan with Pala Investments Limited has been cancelled.
As quoted in the press release:
Saint Jean shall formally withdraw its application to the TSX Venture Exchange concerning the Convertible Debenture Financing and the Bridge Loan.
Investing in graphite? Eagle Graphite Incorporated (TSXV:EGA) owns one of only two natural flake graphite production facilities in North America. Eagle Graphite recently achieved 99.995% purity from flake graphite produced from the processing plant of the Black Crystal project in BC.
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