Graphite One Resources (TSE:GPH) has released an update.
Graphite One Inc. has successfully completed its Warrant Incentive Program, raising CAD$5.13 million by exercising over 5 million Warrants, including significant participation from insider Taiga Mining Company. The raised funds will support a feasibility study and provide general working capital. The exercise period, which concluded with a reduced exercise price, has bolstered the company’s financial position and reinforced insider commitment to its growth.
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