Emerging Graphene Technology Company

Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications

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Message: Our present trend...

You may be on to something LT, though I am not quite sure what. Maquarie is certainly interested in graphite. They co-underwrote the Mason Graphite financing this spring (see below).

TP

Mason Graphite Inc. ("Mason Graphite" or the "Company") (TSX VENTURE:LLG)(OTCQX:MGPHF) is pleased to announce that it has closed the previously announced bought deal private placement offering announced on April 3, 2014.

The Company issued, on a bought deal basis, a total of 17,692,319 units (the "Units") at a price of $0.65 per Unit, which includes the exercise of the underwriters option (the "Underwriter's Option") in full for aggregate gross proceeds of $11,500,007 (the "Offering"). Each Unit is comprised of one common share and one-half of one share purchase warrant. Each whole warrant will entitle the holder to acquire one common share at a price of $0.85 for a period of 24 months following the closing of the Offering.

As part of the Offering, Ressources Québec, a subsidiary of Investissement Québec subscribed for 4,615,385 Units for gross proceeds of $3,000,000. Upon closing of the Offering, Ressources Québec will have a right of first refusal to participate in any future securities offerings by Mason Graphite.

The Offering was completed by a syndicate of underwriters led by Macquarie Capital Markets Canada Ltd. and including National Bank Financial Inc. and Dundee Securities Limited (together the "Underwriters").

- See more at: http://www.masongraphite.com/news/news-details/2014/Mason-Graphite-Closes-115-Million-Bought-Deal-Private-Placement-Offering-and-Announces-Additional-Financing-for-415M/default.aspx#sthash.xeLOBX9y.dpuf

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