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Big North Graphite Corp.

11:52 AM EST - Big North Graphite Corp. : announced that it has cancelled its previously announced expedited private placement of 2,666,667 units for gross proceeds of $200,000. The proceeds received by the Company in connection with the Offering have been returned to the subscriber. Big North Graphite Corp. shares V.NRT are trading down $0.01 at $0.07.