Mason Highlights Black Swan Graphene's Successful Closing of a $6M Financing

Mason Resources Inc. announced the successful closing of Black Swan Graphene's $6M financing, following an 8:1 share consolidation. The financing involved a non-brokered private placement of units at $0.50 each, with proceeds aimed at expanding production capacity from 30-40 tonnes to 140 tonnes annually. CEO Simon Marcotte highlighted the potential for growth in graphene-enhanced materials, particularly in the plastics and concrete sectors, and plans to use funds for equipment acquisition and sales team expansion. The offering included participation from insiders and is subject to a 4-month hold period.