01:51:19 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



Graphene 3D Lab Inc
Symbol GGG
Shares Issued 41,164,954
Close 2015-12-10 C$ 0.265
Market Cap C$ 10,908,713
Recent Sedar Documents

Graphene 3D arranges $850,000 placement

2015-12-10 08:06 ET - News Release

Mr. Daniel Stolyarov reports

GRAPHENE 3D ARRANGES PRIVATE PLACEMENT FINANCING

Graphene 3D Lab Inc. has arranged a non-brokered private placement of up to 3.4 million units at 25 cents per unit to raise up to $850,000 in gross proceeds. Each unit will consist of one common share and one non-transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of Graphene 3D at a price of 30 cents per share for a period of two years from the closing date. Graphene 3D may pay a cash finder's fee equal to 7 per cent of the gross proceeds raised in connection with the financing to arm's-length finders in accordance with the policies of the TSX Venture Exchange.

Completion of this financing is subject to the delivery of definitive subscription agreements and TSX Venture Exchange acceptance. All of the securities issued pursuant to this offering will have a hold period expiring four months and a day after the closing date.

Proceeds of this financing will be used primarily for expansion of the company's business and for general working capital purposes.

We seek Safe Harbor.

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