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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (34226)10/21/2017 6:51:49 AM
From: Goose94Read Replies (2) of 203532
 
Global Li-Ion Graphite (LION-Cse) Oct 20, '17 has arranged a non-brokered private placement of units of the company at a price of 50 cents per unit for aggregate proceeds of up to $1.5-million, in accordance with price protection filed on the Canadian Securities Exchange on Sept. 27, 2017. Each unit comprises one common share in the company and one warrant exercisable into one common share at an exercise price of 75 cents per common share for the first year from the date of issuance and $1 per common share for the second year from the date of issuance.


All securities issued under this private placement will be subject to a hold period of four months and one day from the date on which the units are issued.

The company intends to use the proceeds of the private placement for general working capital. The company may pay finders' fees under the private placement within the amounts permitted by applicable securities laws and CSE policies.

Management of Global Li-Ion is not aware of any material facts or material changes with respect to the company that have not been generally disclosed.

About Global Li-Ion Graphite Corp.

Global Li-Ion Graphite is an exploration and development company focused on the acquisition and development of graphite projects with an intent to supply the rapidly growing energy storage industry. Each lithium-ion battery requires graphite, lithium, cobalt and nickel. The company's Chedic graphite project near Carson City in Nevada is only a few miles from Tesla's newly built and commissioned Giga factory. Global Li-Ion Graphite is actively evaluating additional projects for acquisition to build a world-class graphite supply company.

Further information about Global Li-Ion is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and the Company’s website, www.globalli-iongraphite.com.



For Further information about the Company, please contact:

Jason Walsh

Director & Officer

Global Li-Ion Graphite Corp.

Telephone 604.608.6314

Email: info@liongraphite.com
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