$GPNE 2014 Subsequent Events and Milestones >>
Post# of 102244
Posted On: 04/21/2014 3:17:34 PM
$GPNE 2014 Subsequent Events and Milestones >>
- February 3, 2014 - 271,400 shares of Common Stock issued for gross proceeds of $271,400 at a per share price of $1.00 pursuant to a Subscription Agreement with an accredited investor.
- March 14, 2014 - 550,000 shares of Common Stock issued for gross proceeds of $550,000 at a per share price of $1.00 pursuant to a Subscription Agreement with an accredited investor.
- March 14, 2013 - Next Graphite pays option exercise balance of $150,000 and acquires 90% of Namibian company Gazania which holds the Aukam Mine License.
- March 25, 2014 - 150,000 shares of Common Stock issued for gross proceeds of $150,000 at a per share price of $1.00 pursuant to a Subscription Agreement with an accredited investor.
- March 26, 2014 - Next Graphite launches corporate website at http://www.nextgraphite.com
- March 31, 2014 - On a proforma basis and subsequent to the capital raising efforts noted above, the Company has $66,467 in cash reserves vs. $2,450 on December 31, 2013.
About Next Graphite, Inc.:
Next Graphite, Inc. is a development stage company targeting the growing global graphite production industry with the Company's 125,000-acre Africa-based Aukam Graphite Mine. The Aukam Graphite Mine was established in 1940 in the current Republic of Namibia, produced USD$30 million of graphite at today's prices, and is estimated to hold over 4 million tons of natural, high-grade, large-flake, hydrothermal-sourced graphite reserves. Global graphite demand is being driven by the development of new markets for clean and efficient energy alternatives, smart grid infrastructure and military capabilities. Next Graphite has an immediately-available, surface-visible, estimated 140,000-ton stockpile, along with competitive projected mining and processing costs. The completion of GPNE's Aukam Graphite Mine re-launch and development activities is expected to result in a multi-million dollar inward investment into Namibia in 2014-2015.
For more information, please visit: http://www.nextgraphite.com
Recent News: http://finance.yahoo.com/news/next-graphite-i...00077.html
- February 3, 2014 - 271,400 shares of Common Stock issued for gross proceeds of $271,400 at a per share price of $1.00 pursuant to a Subscription Agreement with an accredited investor.
- March 14, 2014 - 550,000 shares of Common Stock issued for gross proceeds of $550,000 at a per share price of $1.00 pursuant to a Subscription Agreement with an accredited investor.
- March 14, 2013 - Next Graphite pays option exercise balance of $150,000 and acquires 90% of Namibian company Gazania which holds the Aukam Mine License.
- March 25, 2014 - 150,000 shares of Common Stock issued for gross proceeds of $150,000 at a per share price of $1.00 pursuant to a Subscription Agreement with an accredited investor.
- March 26, 2014 - Next Graphite launches corporate website at http://www.nextgraphite.com
- March 31, 2014 - On a proforma basis and subsequent to the capital raising efforts noted above, the Company has $66,467 in cash reserves vs. $2,450 on December 31, 2013.
About Next Graphite, Inc.:
Next Graphite, Inc. is a development stage company targeting the growing global graphite production industry with the Company's 125,000-acre Africa-based Aukam Graphite Mine. The Aukam Graphite Mine was established in 1940 in the current Republic of Namibia, produced USD$30 million of graphite at today's prices, and is estimated to hold over 4 million tons of natural, high-grade, large-flake, hydrothermal-sourced graphite reserves. Global graphite demand is being driven by the development of new markets for clean and efficient energy alternatives, smart grid infrastructure and military capabilities. Next Graphite has an immediately-available, surface-visible, estimated 140,000-ton stockpile, along with competitive projected mining and processing costs. The completion of GPNE's Aukam Graphite Mine re-launch and development activities is expected to result in a multi-million dollar inward investment into Namibia in 2014-2015.
For more information, please visit: http://www.nextgraphite.com
Recent News: http://finance.yahoo.com/news/next-graphite-i...00077.html
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