Jan 25 (Reuters) - NanoXplore Inc GRA.V :
* NANOXPLORE INC. ANNOUNCES $40 MILLION "BOUGHT DEAL" PUBLIC OFFERING
* NANOXPLORE INC - UNDERWRITERS HAVE AGREED TO PURCHASE 10 MILLION COMMON SHARES OF CO AT A PRICE OF $4.00 PER COMMON SHARE
* NANOXPLORE INC - TO USE NET PROCEEDS OF OFFERING FOR BATTERY INITIATIVES, DEBT REDUCTION, SALES AND MARKETING OF GRAPHENE
* NANOXPLORE INC - TO ALSO USE NET PROCEEDS OF OFFERING FOR GENERAL CORPORATE PURPOSES