Focus Graphite Closes Second and Final Tranche of Non Brokered Offering

Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) announced the closing of the second and final tranche of a non brokered private placement (the “Offering”) for gross proceeds of approximately $487,324.
As quoted from the press release:

The Company has issued 3,748,646 units (the “Units”) at a price of $0.13 per Unit, each Unit being comprised of one (1) common share of the Company and one common share purchase warrant (a “Warrant”), each Warrant entitling the holder thereof to acquire one (1) additional common share of the Company at a price of $0.17 per share until September 30, 2019.
In connection with the closing of the second tranche of the Offering, the Company paid cash finder’s fees totaling [$9,385.92] and issued [63,584] non-transferable warrants, each warrant entitling the holder to acquire one (1) common share of the Company at a price of $0.17 per common share until September 30, 2017.

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