Focus Graphite Inc. increases private placement offering to $500,000, intending to support operations and working capital.
Focus Graphite Inc. has raised its private placement offering from $300,000 to $500,000, planning to issue 6,666,666 Units at $0.075 each. Each Unit includes one common share and a warrant exercisable at $0.10 for 24 months. Proceeds will support operations and working capital. The offering is set to close around October 4, 2024, pending regulatory approvals. Additionally, shareholders approved an amended equity incentive plan to increase options for eligible recipients.
October 02, 2024
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