Saint Jean Carbon raises $500,000 in private placement

Saint Jean Carbon, a carbon science company engaged in the design and development of carbon materials and their applications, has announced its intention to complete a non-brokered private placement financing of up to $500,000. The Company intends to use the proceeds of the Offering for general corporate and administrative purposes.

In January 2017, Saint Jean Carbon received (along with Western University) a grant from the The Natural Sciences and Engineering Research Council of Canada (NSERC) towards the development of graphene-based systems with special magnetic properties. In June 2017, Saint Jean Carbon announced that it closed a financing round totaling in $667,500.

Posted: Oct 02,2017 by Roni Peleg