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Focus Graphite Enters Into Agreement with Cormark Securities for Flow-Through Shares
Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) has entered into an agreement with Cormark Securities Inc. for the offer and sale of 3,300,000 flow-through shares on a private placement basis. Each share is at a price of $0.91, for proceeds of approximately $3.0 million.
As quoted in the press release:
The closing of the Offering is expected to occur on or about February 5, 2013 and is subject to the completion of formal documentation and receipt of regulatory approval, including the approval of the TSXV.
Click here to read the Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) press release
Click here to see the Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) profile
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