Big North Closes Financing of $303,500

Big North Graphite Corp. (TSXV:NRT,OTC:BNCIF) announced the closing of the first tranche of a previously announced private placement, for gross proceeds of $303,500.

As quoted in the press release:

Each Unit consists of a common share in the capital of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to acquire one Share at a price of $0.075 per Share for two years following the closing of the Offering.

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