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AGORACOM News Flash

AGORACOM Wire - Wednesday February 15th, 2012

Breaking News ....

Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

Top Sector Stories ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT* Read More  |  Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

 AGORACOM Launches GraphiteStocksBlog.com

We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

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Message: RE: NEWS - Non-Flow-Through Private Placement Closed

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RE: NEWS - Non-Flow-Through Private Placement Closed

posted on Jan 23, 04 12:01PM

Wondering if you could clear up something for me:

The news release of Jan 9 says:

The proceeds from the flow-through private placement will be used to fund exploration work on the Company’s Mount Thom, Upper Kemptown and West River Station “IOCG type” copper-gold projects in Nova Scotia.

The news release of Jan 23 says:

The proceeds from this private placement will be used to fund on-going market development work for the Separation Rapids and Warren Township projects as well as working capital to cover administrative expenses and settle outstanding accounts payable.

Are we talking about different funds here or has the use of the proceeds changed from that represented in Jan 9? In particular, I am interested in knowing that the drilling for Mount Thom is proceeding as planned in February. Has this timing been delayed?

Thank you.

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