Alabama Graphite Corp. Completes Oversubscribed Non-Brokered Private Placement With Significant Insider Participation

Alabama Graphite, V.ALP, graphite

Alabama Graphite Corp. (TSX-V: ALP) is pleased to announce that further to its September 15, 2016 announcement (‘Alabama Graphite Corp. Announces Proposed Non-Brokered Private Placement’), the Company has closed its previously-announced private placement consisting of approximately 7,124,000 units at a price of $0.15 per Unit for aggregate gross proceeds of approximately $1,068,000. The Private Placement remains subject to the final approval of the TSX Venture Exchange . read more

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