Agoracom: Small Cap Investment - Mason Graphite Inc. - BRIEF-Mason Graphite Announces $45 Million Bought Deal Private Placement Offering

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Focused on the exploration and development of one of the highest grade graphite deposits known in the world

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BRIEF-Mason Graphite Announces $45 Million Bought Deal Private Placement Offering

posted on Dec 12, 2017 04:43PM

2017-12-12 03:42:39 PM ET (Reuters)

Dec 12 (Reuters) - Mason Graphite Inc:

* MASON GRAPHITE ANNOUNCES $45 MILLION BOUGHT DEAL PRIVATE PLACEMENT OFFERING

* MASON GRAPHITE - UNDERWRITERS AGREED TO BUY ON BOUGHT DEAL BASIS 18.8 MILLION COMMON SHARES OF CO AT $2.40 PER SHARE

* MASON GRAPHITE-PROCEEDS OF OFFERING TO BE USED FOR DEVELOPMENT,CONSTRUCTION OF CO'S LAC GUÉRET GRAPHITE MINE & BAIE-COMEAU, QUÉBEC CONCENTRATOR PLANT Source text for Eikon: Further company coverage:

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