Alaska graphite explorer boosts treasury

Graphite One Resources Inc. Nov. 2 reported the completion of a C$634,161 private placement.

Together with a financing that closed in September, the company has raised total gross proceeds of C$1.99 million.

In the most recent financing, Graphite One issued 9,059,449 units at C7 cents per unit.

Each unit consists of one common share and one transferable purchase warrant that entitles the holder to...