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Published on 2/7/2014 in the Prospect News PIPE Daily.

Next Graphite raises $271,400 through private placement of its shares

Company sells 271,400 of its common shares at $1.00 per share in deal

By Devika Patel

Knoxville, Tenn., Feb. 7 - Next Graphite, Inc. completed a $271,400 private placement of stock on Feb. 3, according to an 8-K filed Friday with the Securities and Exchange Commission.

The company sold 271,400 common shares at $1.00 per share.

The private Carson City, Nev., company sells imitation jewelry.

Issuer:Next Graphite, Inc.
Issue:Common stock
Amount:$271,400
Shares:271,400
Price:$1.00
Warrants:No
Settlement date:Feb. 3

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