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TORONTO, ONTARIO--(Marketwired - June 6, 2016) - Great Lakes Graphite Inc. ("GLK" or the "Company") (TSX VENTURE:GLK)(OTC PINK:GLKIF)(FRANKFURT:8GL) wishes to announce that it has closed on its non-brokered private placement, previously announced on April 4, 2016 (the "Offering") with and amended as announced on June 1, 2016. The first tranche of the Financing was completed by issuing 5,135,000 units (the "Units") at a price of $0.07 per unit for proceeds of $359,450 and 3,333,333 flow-through eligible shares (the "Flow-Through Shares") at a price of $0.075 per share, for proceeds of $250,000 and gross proceeds of $609,450. |
