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Energizer Resources Inc. (TSX:EGZ,OTCQX:ENZR,FWB:YE5) announced it has closed a non-brokered private placement offering on May 17, 2016, for gross proceeds of $1,003,500.
Energizer Resources Inc. (TSX:EGZ,OTCQX:ENZR,FWB:YE5) announced it has closed a non-brokered private placement offering on May 17, 2016, for gross proceeds of $1,003,500.
The net proceeds of the offering will be used to finance in part the value engineering of the company’s Molo graphite project in Madagascar and for general working capital purposes.
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