Standard Graphite is pleased to advise it has, subject to TSX Venture Exchange approval, completed a non-brokered private placement for 5,250,000 units at a price of $0.15 per Unit for aggregate proceeds of CDN $787,500. Each Unit consists of one common share and one share purchase warrant. Each Warrant entitles the holder to subscribe for one common share at a price of $0.25 for a period of twenty four (24) months
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