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Alabama Graphite Arranges $500,000 Private Placement
May. 16, 2016 10:01AM PST
Battery Metals Investing
Alabama Graphite Corp. (TSXV:ALP,OTCQX:ABGPF) announced it is proposing to complete a non-brokered private placement of up to approximately 3,333,333 units at a price of 15 cents per unit for total gross proceeds to the company of up to approximately $500,000.
Alabama Graphite Corp. (TSXV:ALP,OTCQX:ABGPF) announced it is proposing to complete a non-brokered private placement of up to approximately 3,333,333 units at a price of 15 cents per unit for total gross proceeds to the company of up to approximately $500,000.
AGC intends to use the net proceeds of the Private Placement for further advancing the Company’s development of its metallurgical process for producing coated spherical purified graphite (“CSPG”) for use in Lithium-ion batteries.
Connect with Alabama Graphite Corp. (TSXV:ALP,OTCQX:ABGPF) to receive an Investor Presentation.