August 31, 2012 – VANCOUVER, Canada – Alabama Graphite Corp. (the “Company”) (CNSX:ALP) is pleased to announce that, further to its news release of July 19, 2012, the Company has now completed its non-brokered private placement and issued 2,696,667 common shares at price of $0.15 per share, raising a total of $404,500. No warrants were…