Last month Saint Jean Carbon announced that it intends to raise $2.5 million in two private placements. The company now announced that it closed the financing round - eventually raising $667,500.

Saint Jean Carbon recently produced two samples of single layer graphene (1) dispersion 20 mL, 0.1%, with pure 100 mL water and (2) a 50 mg of powder. The company also created graphene that has a magnetic field (Magnetoresistance) and is also researching graphene-enhanced batteries.

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