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Dazu gestern, Alabama Graphite arranges $735,000 private placement 2016-09-02 16:11 ET - News Release Mr. Donald Baxter reports ALABAMA GRAPHITE CORP. ANNOUNCES PROPOSED NON-BROKERED PRIVATE PLACEMENT Alabama Graphite Corp. is proposing to complete a non-brokered private placement of up to approximately 4.9 million units at a subscription price of 15 cents per unit for aggregate gross proceeds to the company of up to approximately $735,000. Each unit comprises one common share in the capital of the company and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at an exercise price of 20 cents for a period of 24 months following the date of issue, subject to customary adjustment provisions. Alabama Graphite intends to use the net proceeds of the private placement for working capital and further advancing the company's development of its metallurgical process for producing coated spherical purified graphite (CSPG) for use [mehr]

Alabama Graphite die erste in den USA

presidents club, I note that Meadow Bay Gold, which I continue to hold a small position in, has raised money and that the CEO participated in the last financing. My hope is that they drill up the deposit and sell it. It’s also worth noting that although Alabama Graphite shares are weak it too is able to raise money in the worst junior mining market in recent history. That is a good sign and I’m still quite bullish on that speculative stock. [mehr]

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Alabama Graphite die erste in den USA