December 12, 2017 / 8:43 PM / a year ago

BRIEF-Mason Graphite Announces $45 Million Bought Deal Private Placement Offering

Dec 12 (Reuters) - Mason Graphite Inc:

* MASON GRAPHITE ANNOUNCES $45 MILLION BOUGHT DEAL PRIVATE PLACEMENT OFFERING

* MASON GRAPHITE - UNDERWRITERS AGREED TO BUY ON BOUGHT DEAL BASIS 18.8 MILLION COMMON SHARES OF CO AT $2.40 PER SHARE

* MASON GRAPHITE-PROCEEDS OF OFFERING TO BE USED FOR DEVELOPMENT,CONSTRUCTION OF CO’S LAC GUÉRET GRAPHITE MINE & BAIE-COMEAU, QUÉBEC CONCENTRATOR PLANT Source text for Eikon: Further company coverage:

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