JUST A REMINDER ! MONTREAL, June 28, 2013 /CNW/ - Mason Graphite Inc. ("Mason Graphite" or the "Company") (TSX.V: LLG) is pleased to announce that it has closed its previously announced brokered private placement offering of flow-through units (the "FT Units") at a price $0.55 per FT Unit and hard dollar units (the "HD Units") at a price of $0.50 per HD Unit. The Company issued 8,163,637 FT Units and 1,020,000 HD Units for aggregate gross proceeds of C$5 million (the "Offering"). Each FT Unit consists of one flow-through common share of the Company and one-half of one non flow-through common share purchase warrant (a "Warrant"). Each HD Unit consists of one common share of the Company and one-half of one Warrant. Each whole Warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.60 for a period of 24 months following the closing date of the Offering.
Read more at https://www.stockhouse.com/news/press-releases/2013/07/02/-r-e-p-e-a-t-mason-graphite-closes-5-million-private-placement-financing#IcWr06guJs8Z83TP.99