HydroGraph Targets Expansion with $1.6M Private Placement

Hydrograph Clean Power (TSE:HG) has released an update.

HydroGraph Clean Power Inc., a leader in the production of high-quality graphene, has announced plans for a non-brokered private placement aiming to raise $1.6 million CAD. The offering will include units comprised of common shares and purchase warrants, with the proceeds intended to support commercialization efforts, upscale production, and general corporate needs. The investment opportunity, expected to close by June 7, 2024, underscores HydroGraph’s rapid commercial progress and commitment to expanding its facilities and applications.

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