May 16 (Reuters) - Saint Jean Carbon Inc SJL.V
* Saint Jean Carbon announces $2,500,000 private placement
* Intends to complete a non-brokered private placement financing of up to 40 million units at a price of $0.05 per common unit
* Intends to use proceeds of flow-through share offering on co's exploration and development expenditures on mineral properties in quebec
* Intends to complete non-brokered private placement financing of up to 10 million common shares at a price of $0.05 per flow-through share Source text for Eikon: ID:nCCN3YVQdQ Further company coverage: SJL.V