Brief: NanoXplore Inc Announces $40 Million "Bought Deal" Public Offering
Jan 25 (Reuters) - NanoXplore Inc GRA.V :
* NANOXPLORE INC. ANNOUNCES $40 MILLION "BOUGHT DEAL" PUBLIC
OFFERING
* NANOXPLORE INC - UNDERWRITERS HAVE AGREED TO PURCHASE 10
MILLION
COMMON SHARES OF CO AT A PRICE OF $4.00 PER COMMON SHARE
* NANOXPLORE INC - TO USE NET PROCEEDS OF OFFERING FOR
BATTERY
INITIATIVES, DEBT REDUCTION, SALES AND MARKETING OF GRAPHENE
* NANOXPLORE INC - TO ALSO USE NET PROCEEDS OF OFFERING FOR
GENERAL CORPORATE PURPOSES
Source text for Eikon: ID:nCNWC4Cw5a
Further company coverage: GRA.V
((Reuters.Briefs@thomsonreuters.com;))
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