Tillkännagivande • Mar 24
Volt Carbon Technologies Inc. announced that it has received CAD 0.349 million in funding On March 23, 2026, Volt Carbon Technologies Inc. closed the transaction. Company paid a cash finder's fee of CAD 18,165.75 ($13,250) and issued 530,000 nontransferable finder's warrants. The company issued 13,960,000 units at an issue price of CAD 0.025 per unit for gross proceeds of CAD 349,000. The transaction is oversubscribed. All securities issued in connection with the offering are subject to a statutory hold period of four months and one day in accordance with applicable securities laws. New Risk • Feb 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Revenue is less than US$1m (CA$36k revenue, or US$26k). Market cap is less than US$10m (CA$5.72m market cap, or US$4.18m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Tillkännagivande • Jan 10
Volt Carbon Technologies Inc. announced that it has received CAD 0.19705 million in funding On January 9, 2026, Volt Carbon Technologies Inc closed the transaction. The company issued 5,630,000 units at a price of CAD 0.035 per unit for aggregate gross proceeds of CAD 197,050. The Closing remains subject to final approval of the TSX Venture Exchange. Tillkännagivande • Dec 24
Volt Carbon Technologies Inc. announced that it expects to receive CAD 0.175 million in funding Volt Carbon Technologies Inc. announced a non-brokered private placement for issuance of 5,000,000 units at a price of CAD 0.035 per unit for aggregate gross proceeds of CAD 175,000 on December 23, 2025. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of CAD 0.05 per warrant share for a period of 24 months from the date of issuance. All securities issued as part of the offering shall be subject to a four-month and one day hold period. No finder's fees, commissions, agent options, or other compensation are anticipated in connection with the private placement. Closing of the offering is subject to customary conditions and regulatory approvals including the approval of the TSX Venture Exchange. The company anticipates closing the offering within approximately 30 business days. No insiders intend to participate in the offering and no new control persons will be created by the offering. Tillkännagivande • Nov 20
Volt Carbon Technologies Inc. announced that it has received CAD 0.3 million in funding On November 19, 2025, Volt Carbon Technologies Inc closed the transaction by issuing 6,000,000 units at an issue price of CAD 0.025 for the proceeds of CAD 150,000 under final tranche. No finder's fees are payable in connection with the Offering. Tillkännagivande • Oct 19
Volt Carbon Technologies Inc. announced that it expects to receive CAD 0.3 million in funding Volt Carbon Technologies Inc announced a non-brokered private placement to issue 20,000,000 units at a price of CAD 0.015 per unit for aggregate gross proceeds of CAD 300,000 on October 17, 2025. Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share in the capital of the company at an exercise price of CAD 0.05 per warrant share for a period of 24 months from the date of issuance. All securities issued as part of the offering shall be subject to a four-month-and-one-day hold period. The transaction is subject to regulatory approvals including the approval of the TSX Venture Exchange. The company anticipates closing the offering within approximately 30 business days. New Risk • Sep 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m (CA$36k revenue, or US$26k). Market cap is less than US$10m (CA$4.07m market cap, or US$2.95m). Tillkännagivande • Sep 13
Volt Carbon Technologies Inc. announced that it has received CAD 0.21 million in funding On September 12, 2025, Volt Carbon Technologies Inc. closed the transaction. The company issued 5,500,000 units at a price of CAD 0.02 per Unit for gross proceeds of CAD 110,000in its second and final tranche. The Company has raised an aggregate total of CAD 210,000 through the issuance of 10,500,000 Units at a price of CAD 0.02 per Unit. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant . Each Warrant entitles the holder to acquire one additional common share in the capital of the Company at an exercise price of CAD 0.05 per Warrant Share for a period of 24 months from the date of issuance. The securities issued under the Offering are subject to a hold period ending on the date that is four months plus one day following the date of issue in accordance with applicable securities laws. The closing of the Offering is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange (the "TSXV"). No Insiders participated in the Offering and no new control persons were created under the Offering. Tillkännagivande • Aug 01
Volt Carbon Technologies Inc. announced that it expects to receive CAD 0.2 million in funding Volt Carbon Technologies Inc. announced a non-brokered private placement to issue 10,000,000 units at an issue price of CAD 0.02 for gross proceeds of CAD 200,000 on July 31, 2025. Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share in the capital of the company at an exercise price of CAD 0.05 per warrant share for a period of 24 months from the date of issuance. All securities issued as part of the offering shall be subject to a four month and one day hold period. At this time, there are no anticipated finder's fee associated with the offering. Closing of the offering is subject to customary conditions and regulatory approvals including the approval of the TSX Venture Exchange. The company anticipates closing the offering within approximately 30 business days. No insiders intend to participate in the offering and no new control persons will be created by the offering. New Risk • Jul 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m (CA$36k revenue, or US$26k). Market cap is less than US$10m (CA$5.12m market cap, or US$3.76m). New Risk • Jun 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.7m free cash flow). Share price has been highly volatile over the past 3 months (36% average weekly change). Revenue is less than US$1m (CA$36k revenue, or US$26k). Market cap is less than US$10m (CA$4.88m market cap, or US$3.57m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding). Tillkännagivande • Apr 15
Volt Carbon Technologies Inc. announced that it expects to receive CAD 0.25 million in funding Volt Carbon Technologies Inc. announced a non-brokered private placement financing of up to 12,500,000 units at a price of CAD 0.02 per Unit for gross proceeds of up to CAD 250,000 on April 14, 2025. Each Unit will consist of one common share and one common share purchase warrant. Each Warrant will entitle the holder to purchase one additional common share at an exercise price of CAD 0.05 per Warrant Share for a period of 24 months from the date of issuance. All securities issued as part of the Offering shall be subject to a four month and one day hold period. At this time there are no anticipated Finder's Fee associated with the Offering. Closing of the Offering is subject to customary conditions and regulatory approvals including the approval of the TSX Venture Exchange. The Company anticipates closing the Offering within approximately 30 business days. No Insiders intend to participate in the Offering and no new control persons will be created by the Offering. Reported Earnings • Feb 28
Full year 2024 earnings released: CA$0.01 loss per share (vs CA$0.009 loss in FY 2023) Full year 2024 results: CA$0.01 loss per share (further deteriorated from CA$0.009 loss in FY 2023). Net loss: CA$1.84m (loss widened 16% from FY 2023). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 18
Volt Carbon Technologies Inc., Annual General Meeting, Apr 15, 2025 Volt Carbon Technologies Inc., Annual General Meeting, Apr 15, 2025. Location: british columbia, victoria Canada New Risk • Feb 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (29% average weekly change). Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m (CA$35k revenue, or US$24k). Market cap is less than US$10m (CA$7.46m market cap, or US$5.13m). Tillkännagivande • Nov 20
Volt Carbon Technologies Inc. announced that it expects to receive CAD 0.6 million in funding Volt Carbon Technologies Inc. announced a non-brokered private placement to issue 16,666,667 flow-through units at an issue price of CAD 0.03 per unit for the gross proceeds of CAD 500,000.01 and 4,000,000 units at a price of CAD 0.025 per Unit for gross proceeds of up to CAD 100,000; aggregate gross proceeds of CAD 600,000.01 on November 19, 2024. Each FT Unit will consist of one common share and one-half of one common share purchase warrant. Each Unit will consist of one Common Share and one-half of one Warrant. Each whole Warrant will entitle the holder thereof to purchase one Common Share at a price of CAD 0.05 at any time for a period of 24 months from the date of issuance of the Offered Security. The Company expects to complete the Offering on or around December 17, 2024. The closing of the Offering is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange. Finder's fees will be payable in accordance with the policies of the TSXV. The securities issued under the Offering will be subject to a hold period ending on the date that is four months plus one day following the date of issue in accordance with applicable securities laws. No Insiders intend to participate in the Offering and no new control persons will be created under the Offering. Tillkännagivande • Oct 18
Volt Carbon Technologies Inc. Announces Resignation of Rob Martin from Board of Directors Volt Carbon Technologies Inc. announced that it has accepted the resignation of Rob Martin from the company's Board of Directors effective October 17, 2024. Reported Earnings • Sep 25
Third quarter 2024 earnings released: CA$0.003 loss per share (vs CA$0.001 loss in 3Q 2023) Third quarter 2024 results: CA$0.003 loss per share (further deteriorated from CA$0.001 loss in 3Q 2023). Net loss: CA$608.4k (loss widened 258% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Tillkännagivande • Sep 24
Volt Carbon Technologies Inc. announced that it has received CAD 0.250025 million in funding On September 23, 2024, the company has announced completion of the final tranche of the private placement. The company has issued 1,111,112 units at a price of $0.045 per Unit for gross proceeds of CAD 50,000.04. In total, the Company has raised an aggregate amount of CAD 250,025.04 through the issuance of 5,556,112 Units at a price of CAD 0.045 per Unit. Tillkännagivande • Sep 19
Volt Carbon Technologies Announces the Development of A Low Temperature Li-Metal Battery Functional to -80 Degrees C Volt Carbon Technologies Inc. announced that the Company has achieved what it believes to be a breakthrough in lithium-ion battery performance, with successful testing showing functionality at temperatures as low as -80°C. The team at Solid UltraBattery, in collaboration with Volt Board Member, Dr. Aiping Yu, Professor and Director of the Carbon Nanomaterials Laboratory for Renewable Energy and Multi-functional Composites at the University of Waterloo (U of W), has successfully produced a proof of concept for a proprietary high-entropy electrolyte. This electrolyte has been designed to improve low-temperature battery performance. In tests conducted using Li-metal coin cells, the new electrolyte demonstrated superior performance compared to conventional electrolytes. The results showed that, at -40°C, the proprietary electrolyte retained 62.5% of its capacity, compared to just 16.8% for the standard electrolyte. At -60°C, the proprietary electrolyte maintained 49.7% capacity, while the standard electrolyte showed no capacity retention. Most notably, at an extreme temperature of -80°C, the proprietary electrolyte retained 30.3% capacity, a result that management considers to be a significant advancement in battery technology for cold environments. Volt Carbon is moving forward with the development of pouch cells to validate the performance of the proprietary electrolyte at a commercial scale. This phase is crucial for demonstrating the technology's viability for large-scale applications. The company plans to commercialize this advanced electrolyte for sectors requiring superior cold-weather battery performance, including aerospace, defense, and markets in cold regions like Canada, Northern Europe, and parts of the United States. Tillkännagivande • Sep 10
Volt Carbon Technologies Inc. Announces Mount Copeland Glacier Zone Sampling Results Showing Up to 0.34% Niobium (Nb2O5) and Up to 0.24% Cerium (Ce2O3) Volt Carbon Technologies Inc. announced that exploration has been completed at the Company's wholly owned Mount Copeland molybdenum, rare-earth, and niobium project. The furthest east and closest to the glacier has the highest niobium content, including rock chip sample 24COP20, which returned an analysis of 2,340 ppm Nb, equivalent to 0.34% Nb O and molybdenum in excess of 2.5%. The highest cerium (one of 15 rare-earth elements) was found in rock chip sample 24COP9, which returned an analysis of 2,050 ppm Ce, equivalent to 0.24% Ce O in the Glacier Zone, while rock chip sample 24COP5 from Marble Ridge returned 1,925 ppm Ce, equivalent to 0.23% Ce O . Based on these results, management plans to expand exploration for niobium, rare-earth elements, and molybdenum on the Mount Copeland Project, including core drilling to target depth extensions of surface mineral zones in Glacier and Marble Ridge. Niobium pentoxide (Nb2O5) is a promising high-rate (fast charging) anode material for lithium-ion batteries and compounds containing rare earths have diverse applications in electrical and electronic components, lasers, glass, magnetic materials, and industrial processes. Tillkännagivande • Jul 31
Volt Carbon Technologies Inc. Commences Exploration At Mount Copeland REE (Rare Earth Elements) Property Volt Carbon Technologies Inc. announced the initiation of its 2024 exploration program on the Mount Copeland Molybdenum (Moly) and Rare Earth Element (REE) property located in Revelstoke, British Columbia. Volt Carbon's exploration program at Mount Copeland will primarily focus on sampling the tailings pond, which is believed to contain REE mineralization. In addition, the program will include re-sampling the West extension, the main target, which previously showed good width and elevated REE with magnetic minerals like Pyrrhotite and magnetite near the syenite contact, providing promising drill targets. Further, re-sampling efforts will extend to the high-grade area to the east where the glacier has receded, potentially revealing more accessible mineral deposits. Tailings ponds are often overlooked yet can be rich sources of REEs and critical minerals. The targeted sampling aims to efficiently recover these resources, leveraging both internal and external laboratory analyses for thorough evaluation. The Mount Copeland property is situated in a geologically favorable region, enhancing its potential to yield significant REE resources. The previously mined molybdenum ore is notable for its clean geochemistry due to its alkaline nature, distinguishing it from other calc-alkaline or non-syenite hosted ores. Historical Data and Potential. Historical geochemical analysis reports of REEs from previous drilling and rock samples initiated by the Company on Mount Copeland highlight significant REE and Nb potential across various zones. The 1973 Mo mine area features an Mo-Nb vein with extensive underground development. The West extension shows REE-Nb in syenite-carbonate breccia zones, while the East extension reveals REE-Nb in disseminated breccia and vein formations within a glacial ice basin, an area prone to avalanches and rockfalls. A notable geochemical analysis from 2010, conducted 400 meters east of the King Resources 1972-73 molybdenum mine site, reported high-grade REE concentrations in Sample #10AR-20: 13.1% Ce, 10.2% La, 1.77% Nd, 0.77% Pr, and 0.62% Zr. This sample was analyzed using lithium borate fusion with ICPMS finish at ALS Chemex Labs, North Vancouver, BC. The property has a 1,828-meter-long tunnel, known as an adit, used for mining the Glacier (molybdenum) Zone in the 1970s. Tillkännagivande • Jul 23
Volt Carbon Technologies Inc. announced that it expects to receive CAD 1 million in funding Volt Carbon Technologies Inc. announced a non-brokered private placement of up to 22,222,222 flow-through common shares at a price of CAD 0.045 per flow-through share for gross proceeds of up to CAD 999,999.99 on July 22, 2024. The company anticipates closing the offering within approximately 20 business days. All securities issued as part of the offering shall be subject to a four month and one day hold period. No insiders intend to participate in the placement and no new control persons will be created by the offering. The closing of the offering is subject to customary conditions and regulatory approvals including the approval of the TSX Venture Exchange. Reported Earnings • Jun 27
Second quarter 2024 earnings released: CA$0.002 loss per share (vs CA$0.003 loss in 2Q 2023) Second quarter 2024 results: CA$0.002 loss per share (improved from CA$0.003 loss in 2Q 2023). Net loss: CA$367.0k (loss narrowed 35% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. New Risk • Jun 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.6% per year over the past 5 years. Revenue is less than US$1m (CA$90k revenue, or US$65k). Market cap is less than US$10m (CA$9.78m market cap, or US$7.11m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Tillkännagivande • Jun 06
Volt Carbon Technologies Inc. announced that it has received CAD 0.338081 million in funding On June 5, 2024, Volt Carbon Technologies Inc., closed the transaction. The company issued 1,359,000 units at a price of CAD 0.07 per unit for the gross proceeds of CAD 95,130 in its second and final tranche closing. The company has raised a total aggregate amount of CAD 338,081.10. V-Bond Lee, Carmello Marrelli and Glen Nursey, each of whom is an insider of the company purchased or acquired direction and control, directly or indirectly, over a total of 2,052,872 units as part of the offering. Tillkännagivande • Apr 10
Volt Carbon Technologies Inc. announced that it expects to receive CAD 0.7 million in funding Volt Carbon Technologies Inc. announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.07 per unit for gross proceeds of up to CAD 700,000 on April 9, 2024. Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share in the capital of the company at an exercise price of CAD 0.12 per warrant share for a period of 36 months from the date of issuance. All securities issued under the Offering will be subject to a four-month plus one day hold period. In connection with the Offering, the company may pay a cash finder's fee to certain arm's length eligible finders equal to 8% of the aggregate gross proceeds received by the company from purchasers of units sourced by the finders. Closing of the Offering is subject to customary conditions and regulatory approvals including the approval of the TSX Venture Exchange. The company anticipates closing the first tranche of the Offering on or about April 13, 2024. The final tranche is expected to close on or about May 3, 2024. The transaction will include participation from V-Bond Lee, Glen Nursey and Carmelo Marrelli directly or indirectly for a minimum aggregate of 1,572,857 units for CAD 110,100. New Risk • Mar 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.2m free cash flow). Earnings have declined by 3.6% per year over the past 5 years. Revenue is less than US$1m (CA$90k revenue, or US$66k). Minor Risks Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (CA$14.3m market cap, or US$10.6m). Tillkännagivande • Dec 16
Volt Carbon Technologies Inc. announced that it expects to receive CAD 1.08 million in funding Volt Carbon Technologies Inc. announced a Flow-Through private placement financing of up to 12,000,000 Units at an issue price of CAD 0.09 per unit for the gross proceeds of CAD 1,080,000 on December 15, 2023. Each Unit is composed of one common share and one half of a common share purchase warrant. Each whole Warrant will entitle the holder thereof to acquire one additional common share at an exercise price of CAD 0.135 per Warrant Share for a period of 24 months from the date of issuance. The Company intends to pay, to certain arm's length finder a finder's fee equal to a cash commission of 9.0% of the aggregate gross proceeds received from subscribers for Units sold to subscribers pursuant to the Offering as a result of the efforts of the Finder; and a number of warrants equal to 9.0% of the number of Units sold to subscribers pursuant to the Offering as a result of the efforts of the Finder. Each Finder's Option will entitle the Finder to a unit at a price of CAD 0.09 per Finder's Unit. Each Finder's Unit will be comprised of one common share and one half of a common share purchase warrant. Each whole Finder's Warrant shall entitle the Finder to purchase one additional common share at an exercise price of CAD 0.1035 per Finder's Warrant Share for a period of 24 months from the issuance of the Finder's Option. The financing is expected to close within approximately 7 business days. All securities issued as part of the Offering will be subject to a four month and one day hold period. No Insiders intend to participate in the placement and no new Control Persons will be created by the Flow-Through private placement. Closing of the Placement is subject to customary conditions and regulatory approvals including the approval of the TSX Venture Exchange. The Company is pleased to announce that it will host the Annual General Meeting of Shareholders on February 13, 2024. Tillkännagivande • Dec 14
Volt Carbon Technologies Inc. Achieves 2023 Target and Record Milestone in its Lithium-Metal Battery Development Volt Carbon Technologies Inc. announced the most recent test outcomes for its exclusive lithium-ion battery enabling the company to exceed its 2023 target milestone of 500 cycles. These results mark the advancements made at Solid Ultrabattery's Guelph facility throughout 2023 and builds upon the results disclosed previously on July 24, 2023. The company utilized its exclusive technology for the production of battery pouch cells, incorporating composite electrolytes to enhance cycle life and battery stability. These cells were assembled using the company's custom electrolytes and membranes, along with the high-energy cathode NMC811 and lithium metal, resulting in the creation of advanced lithium-metal battery cells. Additionally, the integration of carbon nanotubes (CNTs) as the conductive material in the NMC811 cathode contributed to improved cycle life exceeding 500 cycles, with a retention capacity of 87.7% at the 514th cycle. Furthermore, the use of CNTs allowed for a reduction of the conductive material in the cathode by less than 50% compared to carbon black. Next Steps: The obtained test results pave the path for the Company to set its sights on the next milestone, aiming to exceed 800 cycles and attain 80% capacity in 2024 with its lithium metal battery technology. From an operational perspective, the company is actively preparing for the implementation of Phase Two, which involves designing and constructing a pilot battery line and dry room. These crucial additions will empower the plant to manufacture cells at pre-production levels, adhering to higher quality standards and effectively transforming it into a megawatt-sized factory. The products from this pilot line will target specialized consumer and industrial applications. To fund this initiative, the company is actively seeking fundraising opportunities. Tillkännagivande • Dec 12
Volt Carbon Technologies Inc., Annual General Meeting, Feb 13, 2024 Volt Carbon Technologies Inc., Annual General Meeting, Feb 13, 2024. New Risk • Sep 24
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.4m free cash flow). Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m (CA$65k revenue, or US$48k). Market cap is less than US$10m (CA$12.5m market cap, or US$9.26m). Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Tillkännagivande • Jul 18
Volt Carbon Technologies Announces Passing of Director David Madill as Directors Volt Carbon Technologies Inc. announced with great sadness that one of its longest standing directors Dr. David Madill has passed away. Dr. Madill has served as Director of Volt Carbon Technologies (formerly Torch River Resources) since 2006. His lifelong interest in financing of small mining companies led to directorships in publicly traded companies which included: Goldrea Resources Corporation, from 1993 to the 2016; Western Magnesium (formerly Molycor Gold Corporation), from 1997 to the 2016; Meridian Mining (formerly Cancana Resources) from 2008 to 2016; and Beaupre Exploration from 1996 to 2007. Dr. Madill graduated in 1968 with a medical degree from Queens University and subsequently completed an internship at Royal Jubilee Hospital in Victoria, BC. During his career, Dr. Madill earned a reputation as being one of the best General Practitioners in Victoria. His caring, compassionate, empathetic and humorous approach to life has been missed by many of his patients to this day. New Risk • Jun 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m (CA$50k revenue, or US$38k). Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (CA$14.0m market cap, or US$10.6m). Tillkännagivande • Jun 14
Volt Carbon Technologies Inc. announced that it has received CAD 0.537 million in funding On June 13, 2023, Volt Carbon Technologies Inc. closed the transaction. The company has issued 912,500 units at an issue price of CAD 0.08 for the gross proceeds of CAD 73,000 in the third and final tranche of the transaction. The company has issued 6,712,500 units for aggregate gross proceeds of CAD 537,000 in the transaction. Two insiders of the company purchased or acquired direction and control over a total of 100,000 units under the transaction. No finder’s fees are payable in connection with the transaction. Tillkännagivande • Feb 17
Volt Carbon Technologies Appoints Carmelo Marrelli as New CFO Volt Carbon Technologies Inc. announced the appointment of Carmelo Marrelli as Chief Financial Officer of the Company effective March 1st 2023, subject to approval by the TSX Venture Exchange (“TSX-V”). Mr. Marrelli brings more than 20 years of financial reporting experience and brings significant experience and support to the Company. Mr. Marrelli is a Chartered Professional Accountant (CPA, CA, CGA), and a member of the Institute of Chartered Secretaries and Administrators, a professional body that certifies corporate secretaries. He received a Bachelor of Commerce degree from the University of Toronto. Mr. Marrelli is the principal of the Marrelli Group, an organization which has provided accounting, corporate secretarial and regulatory compliance services to listed companies on various exchanges for over twenty years. Mr. Marrelli acts as the Chief Financial Officer to several other issuers listed on the TSX, TSX-V and CSE, as well as non-listed companies, and serves as a director of certain issuers. The company wishes to thank Dr. David Madill for his role as Interim CFO. Tillkännagivande • Jan 18
Volt Carbon Technologies Inc. Announces the Release of Test Results on the Performance of Its Solid-State Lithium-Metal Batteries Volt Carbon Technologies Inc. announced the release of test results on the performance of its solid-state lithium-metal batteries. The batteries were fabricated at Volt Carbon’s subsidiary Solid Ultrabattery in Guelph, Ontario. These results reflect the accomplishments of Solid Ultrabattery’s new facility during its first full year of operation in 2022. The battery cells were fabricated using the company’s proprietary technology which include; a metal organic framework (MOF) membrane which utilizes nanotechnology to achieve high ionic conductivity; composite electrolytes that improve cycle life and battery stability. The Company’s own electrolytes and membranes were assembled with the high energy cathode NMC811 and lithium metal to make the battery cells. In 2022, the Company successfully developed, tested and implemented a proprietary non-flammable composite electrolyte intended to improve fire safety of lithium metal batteries. The test data presented in this press release include the newly developed non-flammable electrolyte which was used in the battery batch builds. The new non-flammable composite electrolyte is expected to positively impact the safety of the Company’s lithium metal battery by reducing probability of thermal runaway and battery fires. In summary; Lithium metal coin cell batteries have achieved 400 cycles at 81.6% capacity. The lithium metal pouch cell batteries have achieved 265 cycles at 81.8%. Next Steps - The Company’s goal is to exceed 800 cycles and 80% capacity with its safe lithium metal battery technology. The initiatives in progress to reach this goal include: Further development and testing of proprietary MOF nanotechnology; Development and testing of new proprietary composite electrolyte that promote cycle stability; and State of the art upgrades to the battery fabrication equipment at the Guelph facility. In addition to the battery cells fabricated with the high energy NMC811 cathode, the Company successfully fabricated battery cells using the lower energy lithium iron phosphate cathode. LFP is generally considered safer with higher cycle life but with lower energy density compared to NMC811. The LFP cells are currently in cycle testing and those results will be reported after a substantial number of cycles are completed. The Company will continue to develop both LFP and NMC811 product lines which are interchangeable with its proprietary membrane separator and composite electrolytes. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). CTO, Chief Commercialization Officer & Director V-Bond Lee is the most experienced director on the board, commencing their role in 2019. Independent Director Glen Nursey was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Tillkännagivande • Nov 12
Volt Carbon Technologies Inc. announced that it has received CAD 0.7 million in funding On November 11, 2022, Volt Carbon Technologies Inc. closed the transaction. The company has issued 9,999,999 common shares at a price of CAD 0.07 per share for gross proceeds of CAD 700,000. The company paid a cash finder’s fee of CAD 56,000. Tillkännagivande • Nov 02
Volt Carbon Technologies Inc., Annual General Meeting, Nov 21, 2022 Volt Carbon Technologies Inc., Annual General Meeting, Nov 21, 2022, at 13:30 Pacific Daylight. Location: Royal Colwood Golf Club, 629 Goldstream Avenue, Victoria, B.C., Canada Victoria Canada Agenda: To receive the consolidated financial statements of the Corporation for the financial years ended October 31, 2020 and October 31, 2021, together with the auditor's report thereon; to elect directors of the Corporation for the ensuing year; to appoint the auditor of the Corporation for the ensuing year and to authorize the directors to fix the remuneration thereof; to consider an ordinary resolution to approve the amendment of the existing stock option plan of the Corporation; and to transact such other business as may properly come before the Meeting or any adjournment thereof. Tillkännagivande • Oct 25
Volt Carbon Technologies Inc. announced that it expects to receive CAD 0.7 million in funding Volt Carbon Technologies Inc. announced a non-brokered private placement of 10,000,000 common shares at a price of CAD 0.07 per share for gross aggregate proceeds of CAD 700,000 on October 24, 2022. The Shares will be subject to a four month and one day hold period. The Company anticipates closing the offering as soon as October 31. Sixty Two Capital Pty Ltd. will act as a finder in the transaction. The company will pay finder a cash fee equal to 8% of the aggregate gross proceeds from purchasers of shares sourced by the finder. Closing of the offering is subject to customary conditions and regulatory approvals including the approval of the TSX Venture Exchange. Tillkännagivande • Sep 15
Volt Carbon Technologies Files a Patent for its Air Classifier Design Volt Carbon Technologies Inc. announced the filing of a patent pending before the United States Patent Office and the World Intellectual Property Office relating to an air classifier for extracting flake graphite from host rock. The patent application contains new inventive claims as a result of development work performed on the air classifier over the past year. Volt Carbon will continue to advance and protect its intellectual property portfolio in the areas of environmentally sustainable graphite separation technologies. Tillkännagivande • Jul 30
Volt Carbon Technologies Inc., Annual General Meeting, Sep 27, 2022 Volt Carbon Technologies Inc., Annual General Meeting, Sep 27, 2022. Tillkännagivande • Jun 02
Volt Carbon Technologies Inc. to Appoints Robert Martin as Director Volt Carbon Technologies Inc. to announce that it is appointing Mr. Robert Martin to its Board of Directors subject to the approval of the TSX Venture Exchange. Mr. Martin is a businessman with over 25 years’ experience across a broad range of sectors including mining, manufacturing, mining services and capital markets. Mr. Martin recently operated a highly successful mining services company, which became a leading provider of products and services to the mining industry with offices and operations located globally in key mining hubs. After 11 years of growth-on-growth revenue, profitability and expansion into multiple countries, Mr. Martin’s company was acquired by a prominent Perth business. Tillkännagivande • May 08
Volt Carbon Technologies Announces First Batch Builds of 8 Layer Lithium-Ion Batteries and Preliminary Cycle Test Data Volt Carbon Technologies Inc. announced that it recently opened a lithium-ion battery Research and Development Facility in Guelph, Ontario (the "R&D Facility") and its Solid Ultrabattery Inc. ("Ultrabattery") division successfully built the first batch of 8 layer lithium-ion pouch cells using NMC811 cathode chemistry paired with a graphite anode (the "Pouch Cells"). The NMC811 chemistry is currently one of the most advanced formulations of Nickel Manganese Cobalt (NMC) cathodes available on the market for development of lithium-ion batteries and is being considered as an alternative in the scale up of several electrical vehicle platforms. Preliminary internal test results of 30 charge/discharge cycles of these Pouch Cells are depicted. The capacity retention of the Pouch Cells was observed to remain high during these initial cycles. The Company will continue cycle testing of the Pouch Cells until overall performance can be quantified over a substantially higher number of cycles and charge/discharge rates. At this time, the test results of the Pouch Cells have not been independently verified. Figure 3 below is a picture of one of the Pouch Cells that was fabricated and internally tested at the R&D Facility. Board Change • Apr 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). CTO, Chief Commercialization Officer & Director V-Bond Lee is the most experienced director on the board, commencing their role in 2019. Independent Director Glen Nursey was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Reported Earnings • Apr 02
First quarter 2022 earnings released: CA$0.004 loss per share (vs CA$0.003 loss in 1Q 2021) First quarter 2022 results: CA$0.004 loss per share (down from CA$0.003 loss in 1Q 2021). Net loss: CA$548.1k (loss widened 112% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings. Recent Insider Transactions Derivative • Mar 30
Board Member exercised options to buy CA$108k worth of stock. On the 22nd of March, V-Bond Lee exercised options to buy 800k shares at a strike price of around CA$0.12, costing a total of CA$100k. This transaction amounted to 50% of their direct individual holding at the time of the trade. Since June 2021, V-Bond's direct individual holding has increased from 800.00k shares to 1.60m. Company insiders have collectively bought CA$316k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Mar 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: CA$0.02 loss per share (up from CA$0.053 loss in FY 2020). Net loss: CA$2.07m (loss narrowed 49% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings. Tillkännagivande • Jan 25
Saint Jean Carbon Inc. announced that it expects to receive CAD 2.5 million in funding Saint Jean Carbon Inc. announced a non-brokered private placement of 20,000,000 units at a price of CAD 0.125 per unit for the gross proceeds of up to CAD 2,500,000 on January 24, 2022. Each unit will be comprised of one common share in the capital of the company and one-half of one common share purchase warrant. Each Warrant will entitle the holder to purchase one additional share at an exercise price of CAD 0.25 per warrant share and will expire January 31, 2024. The units will be subject to a four month and one day hold period. In consideration for acting as the finder, the company will pay Sixty TWO Capital PTY Ltd a cash fee equal to 6% of the aggregate gross proceeds from purchasers of units sourced by the finder. In addition, subject to the approval of the TSX Venture Exchange, and upon successful completion of the transaction, Sixty TWO Capital PTY Ltd will be issued 3,000,000 non-transferrable finder warrants. Each finder warrant will entitle the holder to purchase one additional share at an exercise price of CAD 0.25 per finder warrant share and will expire January 31, 2024. The finder warrants and underlying finder warrant shares will be subject to a four month and one day hold period. The company intends to close the transaction on or before February 11, 2022. Closing of the transaction is subject to customary conditions and regulatory approvals including the approval of the TSX Venture Exchange. Tillkännagivande • Dec 31
Saint Jean Carbon Inc. Commences Production of Prototype Batteries Saint Jean Carbon Inc. announced the Company’s battery plant located in Guelph, Ontario has commenced production of prototype batteries. The initial production run of these pouch cells will be used for testing to attempt to validate Solid Ultrabattery’s technology. Recent Insider Transactions Derivative • Oct 07
Chairman exercised options to buy CA$171k worth of stock. On the 5th of October, William Pfaffenberger exercised options to buy 1m shares at a strike price of around CA$0.05, costing a total of CA$55k. This transaction amounted to 44% of their direct individual holding at the time of the trade. Since December 2020, William has owned 2.51m shares directly. Company insiders have collectively bought CA$205k more than they sold, via options and on-market transactions, in the last 12 months. Tillkännagivande • Sep 14
Saint Jean Carbon Inc. Provides Update on the Progress of Its Air Classifier Saint Jean Carbon Inc. announced the following updates. Mining Processing: Saint Jean has completed 3D printing of a prototype version of its new proprietary air classifier and is currently assembling the equipment for carbon separation trials scheduled to commence in 2 weeks. A sample of high grade graphite ore recently extracted and provided by an undisclosed supplier in the Montpellier region of Quebec has been preprocessed as feedstock for trials in the air classifier. Saint Jean's new air classifier technology provides a crucial step in enriching graphite for which the end uses include battery anodes for electric vehicles energy storage systems. The air classifier provides purification of graphite after the initial ore crushing processes and will be used to separate out the desirable large flake graphite that is processed into battery anodes. Solid Ultrabattery: The company announced the completion of the prototype battery assembly line equipment and subsequent CSA certification by an overseas vendor. The equipment is currently in transit to the Guelph location and is scheduled to arrive soon. Battery testing equipment is also now on order. The construction of the battery laboratory at the Guelph plant is close to completion. A grand opening of the facility is anticipated in October. Tillkännagivande • Aug 20
Saint Jean Carbon Inc. Provides Progress Updates on the Solid Ultrabattery Plant, Mineral Processing, Carbon Sciences Research Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) announced updates from its current initiatives: The company is to announce the completion of the prototype battery assembly line equipment and subsequent CSA certification by an overseas vendor. The equipment is currently in transit to the Guelph location and is scheduled to arrive by mid September. The construction of the battery laboratory at the Guelph plant continues to progress rapidly with the concrete floors and fire resistant walls now completed in anticipation of the arrival of the prototype battery assembly line. An application for a permit has been submitted to the City of Guelph for approval. Saint Jean has continued to successfully optimize the computer modelling of its proprietary air classification system which separates graphite ore by means of aerodynamics. The new simulations predict that high purity graphite can be separated in the first pass through the air classifier which reduces the number of successive passes required for achieving purification. To validate this product, Saint Jean is currently building a working prototype of this new air classifier design for further prove out. The test feedstock will be supplied from a high grade ore sample recently extracted from the Montpellier region of Quebec. Preparations are now underway to condition the ore as sample feedstock to the air classifier. Saint Jean, in conjunction with the University of Western Ontario, has successfully demonstrated, in a laboratory environment, a graphene-based DNA sensor, through integrating single strand DNA conjugated graphene quantum dots. Efforts are now underway to build and demonstrate a graphene-based DNA sensor that will be tested at Saint Jean facilities. Tillkännagivande • May 29
Saint Jean Carbon Inc. (TSXV:SJL) completed the acquisition of Solid Ultrabattery Inc. Saint Jean Carbon Inc. (TSXV:SJL) signed a letter of intent to acquire Solid Ultrabattery Inc. for CAD 1.8 million on February 5, 2021. Saint Jean Carbon Inc. (TSXV:SJL) signed definitive share exchange agreement to acquire Solid Ultrabattery Inc. for a deemed aggregate purchase price of CAD 1.32 million on March 15, 2021. Saint Jean intends to fund the purchase of all of the issued and outstanding shares of Solid Ultrabattery Inc. by issuing 20 million common shares in the capital of Saint Jean Carbon Inc. at a price of CAD 0.06 per Common Shares, which is within the allowable discount permitted by the TSX-V Policies, for a deemed aggregate purchase price of CAD 1.2 million. As of date March 12, 2021, Saint Jean issued and outstanding shares of SUB by issuing 21 million common shares in the capital, which is within the allowable discount permitted by the Policies of the TSX Venture Exchange for a deemed aggregate purchase price of CAD 1.26 million. As of date March 16, 2021, The terms of the acquisition have been amended slightly in that Saint Jean intends to fund the purchase of all of the issued and outstanding shares of SUB by issuing 22 million common shares in the capital of Saint Jean. Assuming the successful completion of the Acquisition, Zhongwei Chen will become an insider of Saint Jean Carbon Inc. and be appointed as a Director of Saint Jean. Post acquisition, Zhongwei Chen will continue to oversee the development of the solid state battery technology for Saint Jean Carbon. The transaction is subject to the approval of the TSX Venture Exchange. As per filing on April 8, 2021, Saint has received conditional approval from the TSX Venture Exchange. Saint has provided the supporting documentation required by the TSX-V with respect to the Acquisition. Final approval of the Acquisition remains subject to TSX-V’s review of the documentation. On April 30, 2021, Saint Jean Carbon Inc. is announce that it has received TSX Venture Exchange approval for the purchase of all of the issued and outstanding shares of Solid Ultrabattery Inc.
Saint Jean Carbon Inc. (TSXV:SJL) completed the acquisition of Solid Ultrabattery Inc. on May 28, 2021. As of filling on May 28, 2021, Zhongwei Chen acquired 15,400,000 common shares in the share capital of Saint Jean Carbon representing approximately a 12.39% interest in Saint Jean Carbon for cash consideration of $0.924 million on May 27, 2021. Zhongwei Chen transferred its 70 common shares in capital of Solid Ultrabattery to Saint Jean Carbon. Recent Insider Transactions Derivative • May 29
Board Member exercised options to buy CA$280k worth of stock. On the 21st of May, V-Bond Lee exercised options to buy 2m shares at a strike price of around CA$0.05, costing a total of CA$80k. As of today, V-Bond currently holds no shares directly. Company insiders have collectively bought CA$80k more than they sold, via options and on-market transactions, in the last 12 months. Tillkännagivande • May 27
Saint Jean Carbon Inc. announced that it has received CAD 0.875 million in funding On May 25, 2021, Saint Jean Carbon Inc. (TSXV:SJL) closed the transaction. The transaction included participation from 17 placees including 2 placees from pro group for 320,000 units. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. Tillkännagivande • May 01
Saint Jean Carbon Inc. announced that it expects to receive CAD 0.6 million in funding Saint Jean Carbon Inc. (TSXV:SJL) announced a non-brokered private placement for gross proceeds of at least CAD 600,000 on April 30, 2021. The transaction is subject to TSX-V approval. The company intends to close the private placement immediately prior to the closing of the acquisition. Tillkännagivande • Feb 11
Saint Jean Carbon Inc. (TSXV:SJL) signed a letter of intent to acquire Solid Ultrabattery Inc. for CAD 1.6 million. Saint Jean Carbon Inc. (TSXV:SJL) signed a letter of intent to acquire Solid Ultrabattery Inc. for CAD 1.6 million on February 5, 2021. Saint Jean intends to fund the purchase of all of the issued and outstanding shares of Solid Ultrabattery Inc. by issuing 20 million common shares in the capital of Saint Jean Carbon Inc. at a price of CAD 0.06 per Common Shares, which is within the allowable discount permitted by the TSX-V Policies, for a deemed aggregate purchase price of CAD 1.2 million. Assuming the successful completion of the Acquisition, Zhongwei Chen will become an insider of Saint Jean Carbon Inc. and be appointed as a Director of Saint Jean. Post acquisition, Zhongwei Chen will continue to oversee the development of the solid state battery technology for Saint Jean Carbon. The transaction is subject to the approval of the TSX Venture Exchange. Tillkännagivande • Dec 25
Saint Jean Carbon Inc. announced that it has received CAD 0.1225 million in funding On December 23, 2020, Saint Jean Carbon Inc. (TSXV:SJL) closed the transaction. Tillkännagivande • Nov 28
Saint Jean Carbon Inc. announced that it expects to receive CAD 0.1225 million in funding Saint Jean Carbon Inc. (TSXV:SJL) announced a non-brokered private placement of up to 3,500,000 common shares at a price of CAD 0.035 for the gross proceeds of CAD 122,500 on November 27, 2020. The shares issued in the transaction are subject to four month and one day hold period. The transaction is subject to customary conditions and regulatory approvals including the approval of the TSX Venture Exchange. The Company intends to close the transaction as soon as practicable. Tillkännagivande • Nov 02
Saint Jean Carbon Inc. Announces CFO Changes Saint Jean Carbon Inc. announced the resignation of Anna Lentz as Chief Financial Officer, effective October 27, 2020. Ms. Lentz was appointed Chief Financial Officer and Corporate Secretary on April 30, 2018. The Company has commenced a search for Ms. Lentz's replacement as CFO. Ms. Lentz will continue to provide day-to-day accounting support during this period and Dr. William Pfaffenberger, Chairman of the Board and President, has been appointed Interim CFO of the Company until a successor to Ms. Lentz is determined. Tillkännagivande • Oct 30
Saint Jean Carbon Inc. Announces Resignation of Anna Lentz as Corporate Secretary Saint Jean Carbon Inc. (Saint Jean or the Company) announced the resignation of Anna Lentz as Corporate Secretary of the Company, effective October 27, 2020. Ms. Lentz was appointed Chief Financial Officer and Corporate Secretary on April 30, 2018. Ms. Lentz will continue to provide day-to-day accounting support during this period. Tillkännagivande • Oct 15
Saint Jean Carbon Inc. announced that it has received CAD 0.197625 million in funding On October 13, 2020, Saint Jean Carbon Inc. (TSXV:SJL) closed the transaction. The company issued 7,905,000 units for the proceeds of CAD 197,625. TSX Venture Exchange has accepted for filing documentation with respect to the offering. The transaction included participation from 11 placees. Tillkännagivande • Sep 30
Saint Jean Carbon Inc. Announces Management Appointments Saint Jean Carbon Inc. announce that the shareholders of the Company elected four (4) directors: Dr. William Pfaffenberger, Dr. David Madill, Glen Nursey and V-Bond Lee at the Annual General and Special Meeting of the Shareholders held on Sept 28, 2020. William Pfaffenberger has been appointed President and Chairman of the Board. The Board is also appointed Mr. Stewart Delion as the new Chief Operating Officer. Reported Earnings • Sep 27
Third quarter earnings released Over the last 12 months the company has reported total losses of CA$564.6k, with losses narrowing by 73% from the prior year. Tillkännagivande • Aug 27
Saint Jean Carbon Inc. announced that it expects to receive CAD 0.2 million in funding Saint Jean Carbon Inc. (TSXV:SJL) announced a non-brokered private placement of up to 8,000,000 units at a price CAD 0.025 per unit for gross proceeds CAD 200,000 on August 26, 2020. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at a price of CAD 0.05 per share for a period of 36 months from the date of issuance. The transaction is subject to customary conditions and regulatory approvals and approval of TSX Venture Exchange. All securities issued in the transaction are subject a hold period of four months and one day. The proposed transaction and pricing of the units is in reliance upon the exchange’s bulletin dated April 8, 2020 titled “Temporary Relief of CAD 0.05 Minimum Pricing Requirements”. The Company intends to close the transaction as soon as practicable. 