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Energizer Resources Raises Capital Through Non-Brokered Private Placement Offering
Feb. 04, 2016 06:20AM PST
Company News
Energizer Resources Inc. (TSX:EGZ,OTCQX:ENZR,FWB:YE5) announced it has closed a non-brokered private placement offering for gross proceeds of CDN$450,653.
Energizer Resources Inc. (TSX:EGZ,OTCQX:ENZR,FWB:YE5) announced it has closed a non-brokered private placement offering for gross proceeds of CDN$450,653.
Net proceeds from the Offering will be used for advanced testing of lithium-ion battery anodes using Molo graphite concentrate and for general working capital purposes. Specifically, the advanced anode testing will bring the Company closer to determining a final cost matrix for the entire suite of sellable concentrates, including flake concentrate that can be upgraded through spheridizing, purification and coating for use in electric vehicle applications.
Connect with Energizer Resources Inc. (TSX:EGZ,OTCQX:ENZR,FWB:YE5) to receive an Investor Presentation.
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