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    Alabama Graphite Corp. Hopes To Raise $4 Million Through Private Placement

    Investing News Network
    Nov. 13, 2012 01:52PM PST
    Battery Metals

    Alabama Graphite Corp. (CNSX:ALP) announced that it has chosen a syndicate of broker dealers to carry out a private placement. The Company hopes to raise up to $4 million and use the proceeds to fund exploration at its Coosa graphite project.

    As quoted in the press release:

     Alabama Graphite Corp. (CNSX:ALP) announced that it has chosen a syndicate of broker dealers to carry out a private placement. The Company hopes to raise up to $4 million and use the proceeds to fund exploration at its Coosa graphite project.

    As quoted in the press release:

    It has engaged a syndicate of broker dealers, lead by Global Hunter Securities LLC and including Scarsdale Equities LLC and Ascendiant Capital Markets, Inc. to raise up to $4 million by way of a brokered private placement of units, each unit to consist of one common share and one-half of one common share purchase warrant.

    Click here to read the Alabama Graphite Corp. (CNSX:ALP) press release
    Click here to see the Alabama Graphite Corp. (CNSX:ALP) profile

    global hunterprivate placementglobal hunter securitiesalabama graphite corp
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