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| Home : Northern Graphite Files Final Prospectus for Equity Offering |
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Jul 03
2015 |
Northern Graphite Files Final Prospectus for Equity Offering |
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OTTAWA, ONTARIO--(Marketwired - July 2, 2015) - Northern Graphite Corporation ("Northern" or the "Company") (TSX VENTURE:NGC)(OTCQX:NGPHF) is pleased to announce that it has filed and obtained a receipt for a final short form prospectus with the securities regulatory authorities in each of the provinces of British Columbia, Alberta, Ontario and Nova Scotia for a proposed public offering of up to 4,166,667 units at a price of $0.60 per unit ("Offering Price") for gross proceeds of up to $2,500,000 (the "Offering"). Each unit will consist of one common share, and one-half of one common share purchase warrant, of the Company. Each whole warrant will be exercisable to acquire one common share of the Company at an exercise price of $0.80 per share for a period of 24 months. The Offering is being made on a best efforts, fully marketed basis through Secutor Capital Management Corporation (the "Agent"). |
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| Source:http://www.marketwired.com/mw/release.do?id=2035264&sourceType=3 |
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