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American Graphite Technologies (NASDAQ:AGIN) CEO Rick W. Walchuk unloaded 631,934 shares of American Graphite Technologies stock on the open market in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $0.06, for a total transaction of $37,916.04. Following the transaction, the chief executive officer now directly owns 24,368,066 shares in the company, valued at approximately $1,462,084. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of American Graphite Technologies (NASDAQ:AGIN) opened at 0.056 on Monday. American Graphite Technologies has a 1-year low of $0.0401 and a 1-year high of $0.605. The stock has a 50-day moving average of $0.06 and a 200-day moving average of $0.11. The company’s market cap is $5.4 million.

American Graphite Technologies Inc is an exploration-stage company. The Company is intending to be engaged in the exploration of mineral properties and the development of related technologies.

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