Mason Graphite closes $4.2 mln raise from Fonds de solidarité FTQ, Sodémex
Mason Graphite Inc (TSX-V: LLG) has closed its previously announced private placement deal. The Montréal-based mining company raised a total of $4.15 million in convertible debenture financing from Sodémex Développement, an affiliate of the Caisse de dépot et placement du Québec, the Fonds de solidarité des travailleurs du Québec (FTQ) and the Fonds regional de solidarité FTQ Côte-Nord. Net proceeds of the transaction will be used by Mason Graphite to continue development of its Lac Guéret graphite property in Québec and for other purposes.
17 June 2014•8 mins read
