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Saint Jean Carbon Inc. (TSXV:SJL) announced that it has made its final payment for the Walker graphite property, located in Buckingham Township, by issuing 5,000,000 common shares today.
Saint Jean Carbon Inc. (TSXV:SJL) announced that it has made its final payment for the Walker graphite property, located in Buckingham Township, by issuing 5,000,000 common shares today. The property includes the past-producing Walker mine.
As quoted in the press release:
The common shares were issued to the vendor at a deemed value of $0.05 per share. All securities issued will be subject to a hold period of four months and one day pursuant to applicable securities laws.
Click here to read the full Saint Jean Carbon Inc. (TSXV:SJL) press release.
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