Saint Jean Carbon Announces Closing of First Tranche of Private Placement for gross proceeds of $700,000

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Calgary, AB, Canada, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL), with reference to its previous news release dated January 24, 2022, is pleased to announce that on January 31, 2022 it closed the first tranche of the private placement today by placing an aggregate of 5,600,000 units (“Common Units”) at a price of $0.125 per Common Unit for gross proceeds of $700,000 (the “Offering”).

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