Graphene 3D Lab recently announced the initiation of a non-brokered private placement of up to 3,400,000 units to raise up to CDN$850,000 in gross proceeds (around $619,000 USD). Now, it the company has increased the proposed private placement to up to 4,000,000 Units to raise up to CDN$1,000,000 (around $730,000 USD).

G3L stated that proceeds from this financing will be used primarily for expansion of the company's business and for general working capital purposes.

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