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TORONTO, ONTARIO--(Marketwired - June 24, 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, initially announced on April 4, 2016 (the "Offering") and amended as announced, first on June 1, 2016 and again on June 21, 2016. The second and final tranche of the Financing was completed by issuing 3,130,000 units (the "Units") at a price of $0.07 per unit for proceeds of $219,100 and 5,086,000 flow-through eligible shares (the "Flow-Through Shares") at a price of $0.075 per share, for flow-through proceeds of $381,450 and gross proceeds of $600,450 in this second tranche. |
