Big North Closes Private Placement

Big North Graphite (TSXV:NRT) has successfully closed its previously announced private placement. The company closed a total 13,333,333 units at $0.06 per unit for the aggregate total proceeds of $800,000.

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.

As announced on February 24, 2014, the Company closed the first tranche of the Offering for a total of 5,058,332 Units for gross proceeds of $303,500.

Click here to read the Big North Graphite (TSXV:NRT) press release
Click here to see the Big North Graphite (TSXV:NRT) profile.