SAINT JEAN CARBON ANNOUNCES $2,500,000 PRIVATE PLACEMENT

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Calgary, AB, Canada, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) is pleased to announce that is has entered into an Engagement Letter with Sixty Two Capital Pty Ltd. (“Sixty Two Capital” or the “Finder”) pursuant to which the Company intends to complete a non-brokered private placement of 20,000,000 units (each, a “Unit”) at a price of $0.125 per Unit for gross aggregate proceeds of $2,500,000 (the “Offering”).

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