New York, NY–(Mar 21, 2014) – Palladium Capital Advisors, LLC announced today that it had served as placement agent for American Graphite Technologies Inc. (“AGIN” or the “Company”) (OTCBB: AGIN) in its $300,000 unregistered offering of securities with three accredited investors.

The offering was undertaken by way of a securities purchase agreement for 3,750,000 units at $0.08 per unit, each unit consisting of one share of common stock and one share purchase warrant entitling the holder to purchase one additional share of common stock at a price of $0.15 per share for a period of five years. The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration, under the Act.

“I am very pleased with the closing of the financing as it enables the Company to continue funding its projects,” stated Rick Walchuk, CEO. “The Company’s graphene (bucky) paper project, CTI Nanotechnologies, in Vermont is setting up its production line and research and development facilities in its new facility and hopes to be fully functional soon. Our 3D printing project in Ukraine is fully funded for the first year and research and development continues. I expect to have a exploration budget from our geologist, for our 100 graphite mining claims in Quebec, Canada, in the near term and anticipate to be on the property for initial exploration in the spring,” further stated Mr. Walchuk.

For more information visit the website at www.americangraphitetech.com