Big North Graphite Cancels $200,000 Private Placement
19 Septiembre 2013 - 7:18PM
Access Wire
Vancouver, B.C.,
September 19, 2013
- Big North Graphite Corp. (NRT: TSX-V)
("Big North" or the "Company") announces that it has
cancelled its previously announced expedited private placement (the
"Offering") of 2,666,667 units for gross proceeds of $200,000 (see
press release dated September 13, 2013). The proceeds received by
the Company in connection with the Offering have been returned to
the subscriber.
About Big North
Graphite Corp.
Big North is a
graphite development and exploration company focused on select
projects in Mexico and Canada. The Company recently acquired 3 past
producing amorphous graphite mines in Sonora, Mexico and is working
towards accelerating the restart of the Nuevo San Pedro amorphous
graphite mine. Big North is currently in the Test Mining phase at
Nuevo San Pedro.
Recently, Big North announced that
the Company had started the assembly of a processing plant that
will be used for crushing, screening, sizing and drying of graphite
to the specifications of future customers. Further, the Company has
commenced a strategy of buying unprocessed amorphous graphite from
local miners who do not possess the ability to process or ship to
end users. Big North also owns high priority, large flake graphite
exploration projects in Ontario and Quebec, Canada.
For further information please contact Spiro Kletas at
(604) 629-8220.
ON BEHALF OF THE BOARD
(signed)
"Spiro
Kletas"
Spiro
Kletas
President and Chief Executive
Officer
Facebook: https://www.facebook.com/bignorthgraphite
Twitter: https://twitter.com/NRTgraphite
YouTube: http://www.youtube.com/bignorthgraphite
Flicker: http://www.flickr.com/photos/bignorthgraphite
Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Except for
historical information contained herein, this news release contains
forward-looking statements that involve risks and uncertainties.
Actual results may differ materially. Except as required pursuant
to applicable securities laws, the Company will not update these
forward-looking statements to reflect events or circumstances after
the date hereof. More detailed information about potential factors
that could affect financial results is included in the documents
filed from time to time with the Canadian securities regulatory
authorities by the Company.
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