Alabama Graphite Corp. Completes Oversubscribed Non-Brokered Private Placement with Insider Participation; Announces Granting of Options

Alabama Graphite, V.ALP, graphite

Alabama Graphite Corp. (TSX-V: ALP) is pleased to announce that further to its September 2, 2016 announcement, the Company has closed its previously-announced private placement consisting of 4,916,745 units at a price of $0.15 per Unit for aggregate gross proceeds of approximately $737,000. The Private Placement remains subject to the final approval of the TSX Venture Exchange. read more

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