NanoXplore recently announced that it has entered into an agreement with a syndicate of underwriters co-led by Echelon Wealth Partners and National Bank Financial to raise, on a bought deal public offering basis, approximately CAD$40 million (around USD$31.4 million).
The Company intends to use the net proceeds for battery initiatives, debt reduction, sales and marketing of graphene and for general corporate purposes.
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NanoXplore, Graphene investing and financials
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