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ZEN Graphene Solutions Announces Offering of Flow-Through Shares

Posted By Graphene Council, The Graphene Council, Wednesday, December 11, 2019
ZEN Graphene Solutions announces that subject to TSX Venture Exchange acceptance, it has arranged an offering of flow-through common shares of the company on a non-brokered private placement basis. The offering comprises up to 2.5 million flow-through common shares of the company at a price of 40 cents per flow-through common share for gross proceeds of up to $1-million. The proceeds from the offering will be used to continue work on the environmental assessment and for community engagement.

All securities issued to purchasers under the offering will be subject to a four-month hold period from the closing date of the offering, pursuant to applicable securities legislation and policies of the exchange. Finders' fees may be paid, as permitted by exchange policies and applicable securities law.

ZEN hires Alphabet Creative

ZEN has hired Alphabet Creative for web services including building its webstore on the Shopify global platform to deliver an exceptional customer experience when they purchase graphene products from the company. Under the agreement, ZEN will issue shares for debt in the sum of $17,000 at a deemed value of $0.36 per share.

Tags:  Graphene  ZEN Graphene Solutions 

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