Northern Graphite announces that it has granted options to purchase an aggregate of 500,000 common shares to the five non-executive directors of the Company pursuant to the stock option plan approved by the Company's shareholders on August 17. The options are exercisable at any time at a price of $2.50 per share until April 11, 2017. The Company currently has 46,119,882 common shares issued and outstanding and can grant [...]
Northern Graphite is pleased to announce that it has entered into a Strategic Cooperation Agreement with Panacis Inc. whereby the parties will assist in developing and promoting each other's Canadian products and services with respect to Lithium ion batteries. Panacis is an Ottawa, Ontario based company that is a global leader in intelligent, high performance Lithium Polymer battery based energy storage systems. It is a [...]
OTTAWA, ONTARIO -- (Marketwire) -- 04/02/12 -- Northern Graphite Corporation (TSX VENTURE: NGC)(OTCQX: NGPHF) is pleased to announce that the Company has successfully manufactured test quantities of spherical graphite from graphite concentrate produced from the Company's 100% owned Bissett Creek deposit. The spherical graphite has been evaluated in Lithium/graphite battery test cells and the performance of these cells [...]
Northern Graphite announces a clarification of the finder's fees paid in connection with its private placement that closed on March 15, 2012 for gross proceeds of $10.55 million. In connection with the private placement, and in accordance with the policies of the TSX Venture Exchange, the Company paid total finder's fees of C$121,517 and issued a total of 71,480 finder's warrants, each exercisable to acquire one common [...]
Northern Graphite Corp. announces that it has closed its previously announced non-brokered private placement through the issuance of 6,206,377 common shares at a price of C$1.70 per share for gross proceeds of C$10,550,840.90. In connection with the private placement, and in accordance with the policies of the TSX Venture Exchange, the Company paid total finder's fees of C$113,017 and issued 76,480 finder's warrants, each [...]
Northern Graphite Corporation announces that it plans to complete a non-brokered private placement of up to 5,882,353 common shares at a price of C$1.70 per share for gross proceeds of up to C$10 million. The shares issued under the placement will be subject to a four month hold period from the date of closing. The placement is subject to the approval of the TSX Venture Exchange. An affiliate of the Sprott Group of [...]
Enters into cooperation agreement to develop intellectual property
OTTAWA, ONTARIO -- (Marketwire) -- 02/01/12 -- Northern Graphite Corporation (TSX VENTURE: NGC)(OTCQX: NGPHF) is pleased to announce that it has agreed to supply its +48 mesh and +32 mesh extra large flake graphite to Grafen Chemical Industries for graphene research and has also agreed to enter into a cooperation agreement to develop intellectual property rights. Northern will retain a 50% interest in the North American patent rights to any products and processes developed by Grafen.
Northern Graphite announces that Mindesta has completed the previously announced distribution of Northern shares to its shareholders. Under the distribution, which was completed effective at the close of trading on January 25, 2012, Mindesta distributed a total of 9,413,581 Northern shares owned by it to its shareholders as a dividend-in-kind on the basis of one share of Northern for each share of Mindesta held. Mindesta [...]
Confirms production of exceptional large flake, high purity concentrate
OTTAWA, ONTARIO -- (Marketwire) -- 01/11/12 -- Northern Graphite Corporation (TSX VENTURE: NGC)(OTCQX: NGPHF) is pleased to announce positive pilot plant test results from its Bissett Creek Graphite Project. The pilot plant has confirmed the technical viability and operating performance of the Company's process plant design for the production of high purity, large flake graphite. Furthermore, results indicate that 50% of the graphite concentrate produced will be jumbo size, +48 mesh flake with a very high carbon content averaging 97.7% graphitic carbon ('Cg'). This is an exceptional product that will attract a premium price. The pilot plant test was designed, built and operated by SGS Minerals Services ('SGS') in Lakefield, Ontario.
Mindesta advises that the U.S. Financial Industry Regulatory Authority has not yet established an ex-dividend date for the previously announced distribution of a majority of the common shares of Northern Graphite which Mindesta owns. Any shareholders who sell Mindesta common shares after the January 5, 2012 record date but before the ex-dividend date, will also be selling their entitlement to receive common shares of [...]
OTTAWA, ONTARIO -- (Marketwire - Dec. 20, 2011) - Northern Graphite Corporation (TSX VENTURE: NGC) (OTCQX: NGPHF) ("Northern" or the "Company") announces that it has granted options to purchase an aggregate of 225,000 common shares to two senior ...
OTTAWA, ONTARIO -- (Marketwire - Dec. 13, 2011) - Northern Graphite Corporation (TSX VENTURE: NGC) (OTCQX: NGPHF) ("Northern" or the "Company"), announces that the TSX Venture Exchange ("TSXV") has approved the release from escrow of the common ...