…is pleased to announce that it has filed its unaudited financial results for the third quarter of the fiscal year ending February 28, 2021, the highlights of which are included in this news release. The full set of Condensed Interim Consolidated Financial Statements and Management Discussion and Analysis can be viewed by visiting G6’s website at www.g6-materials.com or its profile page on SEDAR at www.sedar.com.
G6 Materials Announces Successful Closing of $5.4 Million Non- Brokered Equity Financing
a technology company creating value through the development of innovative graphene-based solutions is pleased to announce that it has closed its non-brokered equity financing previously announced on March 15, 2021 (the “Offering”). Pursuant to the
Offering, G6 issued 27,071,000 units for gross proceeds of $5,414,200, which was increased due to strong
investor demand from an initial target of $5,000,000. Each unit was priced at $0.20 and was comprised of one common share of the Company and one-half of one warrant to purchase a common share of the Company at a price of $0.30 for a period of 2 years from the closing date of the Offering.