Alabama Graphite 4,916,745-share private placement Alabama Graphite 4,916,745-share private placement
Alabama Graphite Corp (C:ALP)
Shares Issued 119,310,947
Last Close 9/9/2016 $0.165
Friday September 9 2016 - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Sept. 6, 2016.
Number of shares: 4,916,745 shares Purchase price: 15 cents per share Warrants: 4,916,745 share purchase warrants to purchase 4,916,745 shares Warrant exercise price: 20 cents for a two-year period Number of placees: five placees Insider: Ann-Marie Pamplin, 33,334 shares
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the exchange may later extend the expiry date of the warrants if they are less than the maximum permitted term.