Graphite One raises funds; PEA due out by years-end

Graphite One Resources Inc. Nov. 9 announced the completion of a C$812,000 non-brokered private placement offering that involved the issuance of 10.15 million units at C8 cents per unit. Each unit consists of one common share and one transferable warrant that entitle the holder to purchase one full share for C12 cents. The shares are exercisable for two years but are subject to early expiry if the...