Focus Graphite Announces Amendment to Terms of Non-Brokered Private Placement and Extension of Closing Timeline
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Focus Graphite Inc. has announced an amendment to its non-brokered private placement terms and extended the closing timeline to February 21, 2025. The company will offer up to 5,000,000 units at $0.10 per unit, aiming to raise $500,000.
February 12, 2025 | 10:45 pm
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Focus Graphite Inc. has extended its private placement offering and amended the terms to raise up to $500,000 by offering 5,000,000 units at $0.10 each.
The extension and amendment of the private placement terms indicate a strategic move to secure funding, which could stabilize or enhance the company's financial position. However, as this is a private placement, the immediate impact on stock price may be neutral unless further developments occur.
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