12/19/2014 - 9:52 AM EST - Graphene 3D Lab Inc. : announced that the Company intends to complete, subject to regulatory approval, a non-brokered private placement financing pursuant to which a total of 1,000,000 units (Units) will be available for subscription at a price of $1.00 per unit for gross proceeds of $1,000,000. Each Unit is comprised of one common share and one half warrant common share purchase. Each whole warrant entitles the holder to purchase a common share for $1.25 for a period of two years. The company intends use the financing for further research and development and general working capital. Graphene 3D Lab Inc.
shares V.GGG are trading down $0.04 at $0.95.
