Two-year deal inked with Global Corporate Finance to fund operations
By Devika Patel
Knoxville, Tenn., Aug. 29 – Great Lakes Graphite Inc. said it arranged a $4 million two-year equity financing agreement with Global Corporate Finance LLC.
Proceeds will be used as working capital to fund operations.
Based in Toronto, Great Lakes explores for graphite.
| Issuer: | Great Lakes Graphite Inc.
|
| Issue: | Equity financing agreement
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| Amount: | $4 million
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| Tenor: | Two years
|
| Warrants: | No
|
| Investor: | Global Corporate Finance LLC
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| Pricing date: | Aug. 29
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| Stock symbol: | TSX Venture: GLK
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| Stock price: | C$0.07 at close Aug. 26
|
| Market capitalization: | C$7.09 million
|
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