Graphite One Resources (TSE:GPH) has released an update.
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Graphite One Inc. successfully closed a non-brokered private placement financing, raising approximately CDN$4.78 million through the issuance of over 6.3 million units. This financing includes significant insider participation by Taiga Mining Company, which now controls nearly 27.7% of Graphite One’s common shares.
For further insights into TSE:GPH stock, check out TipRanks’ Stock Analysis page.