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Saint Jean Carbon Inc. (TSXV:SJL) arranged a brokered private placement financing of up to 6,250,000 Flow-Through units for gross proceeds of up to $500,000, at $0.08 per unit.
As quoted in the press release:
Each Flow-Through Unit will consist of one (1) common share in the capital of the Corporation issued and one-half (1/2) warrant (“Warrant”). Each full Warrant will entitle the holder to purchase one common Share of the Corporation at an exercise price of $0.10 for a period of eighteen (18) months from the closing of the Offering.
Click here to read the Saint Jean Carbon Inc. (TSXV:SJL) press release
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