Saint Jean Carbon Inc. (TSXV:SJL) announced that the previously announced non-brokered $14,000,000 convertible debenture private placement and a $600,000 bridge loan with Pala Investments Limited has been cancelled.

As quoted in the press release:

Saint Jean shall formally withdraw its application to the TSX Venture Exchange concerning the Convertible Debenture Financing and the Bridge Loan.

Click here to read the Saint Jean Carbon Inc. (TSXV:SJL) press release

See this press release on Marketwire