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NanoXplore raises $1.64 million for commercialisation of graphene-enhanced plastics
Wednesday, November 9, 2016 4:44
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Group NanoXplore, a Montreal-based company specializing in the production and application of graphene and its derivative materials, has announced that it has raised $2.255 million CAD (around $1.64 USD) of equity financing. Participants in this financing raise included existing shareholders, notably Mason Graphite, as well as new Quebec-based investors.
This announcement follows the September 2016 announcement of closing a $28.8 million private placement by Mason, with around $1 million CAD that was to be used to increase Mason’s equity in Group NanoXplore.
Source: http://www.graphene-info.com/nanoxplore-raises-164-million-commercialisation-graphene-enhanced-plastics
