Saint Jean Carbon with reference to its previous news release dated January 24, 2022, is pleased to announce that on January 31, it closed the first tranche of the private placement today by placing an aggregate of 5,600,000 units at a price of $0.125 per Common Unit for gross proceeds of $700,000. Each Common Unit consists of one common share in the capital of the Company at a price of $0.125 per Share and one half
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