Great Lakes Graphite strikes $4-million equity financing deal.

Great Lakes Graphite announced Aug. 29 that it had entered into an equity financing agreement with Global Corporate Finance (GCF) through which up to U.S. $4 million will be made available to the company over two years. The Matheson graphite crusher will have access to working capital to fund operations during commercial production startup, for sales and marketing purposes, and other corporate initiatives.

"Global Corporate Finance is looking forward to investing in Great Lakes Graphite and gaining direct exposure to a vertically integrated, carbon-focused company with a strong management team," said Randy Rivera, managing director at GCF.

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