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Mason Graphite Raises Bought Deal Private Placement Offering to $10 Million

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Mason Graphite Inc. (TSXV:LLG,OTCQX:MGPHF) announced this morning that it has entered into an agreement under which a syndicate of underwriters led by Macquarie Capital Markets Canada Ltd. has agreed to buy, on a bought deal basis, 15,384,625 units priced at $0.65 each for gross proceeds of about $10 million.

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