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    Canada Carbon Announces Plans for Private Placement

    Written by Investing News Network
    |
    Jan. 23, 2013 05:16AM PST

    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.

    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.

    Click here to read the full Canada Carbon Inc. (TSXV:CCB) press release.

    graphite miningcanadatsxv:ccbprivate placement
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