Graphene Manufacturing Group (GMG) has announced that it has completed its previously announced bought deal offering for aggregate gross proceeds to the Company of C$5,796,000 (around US$4,020,000).
The Company intends to use the net proceeds of the Offering to expand its production capacity to increase sales, continue ongoing research and development to progress the Graphene Aluminium-Ion Battery with the Battery Innovation Center of Indiana, prepare to uplist on a major United States exchange and working capital and general corporate purposes.
Graphene Manufacturing Group (GMG) has announced that it has completed its previously announced bought deal offering for aggregate gross proceeds to the Company of C$5,796,000 (around US$4,020,000).The Company intends to use the net proceeds of the Offering to expand its production capacity to increase sales, continue ongoing research and development to progress the Graphene Aluminium-Ion Battery with the Battery Innovation Center of Indiana, prepare to uplist on a major United States exchange and working capital and general corporate purposes.
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