Canada Carbon Inc.

May 14, 2024 -- Canada Carbon Inc. is pleased to announce the closing of a non-brokered private placement of 7,500,000 flow-through units at a price of $0.06 per FT Unit gross proceeds of $450,000 . Each FT Unit is comprised of one flow-through share in the capital of the Company and one-half of one common share purchase warrant . Each whole Warrant shall entitle the holder thereof to acquire one common share in the [...]

Canada Carbon is pleased to announce the closing of a non-brokered private placement of 2,466,818 units at a price of $0.055 per Unit for aggregate gross proceeds of $135,675. Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant. Each Warrant shall entitle the holder thereof to acquire one common share in the capital of the Company at a price of $0.12 per share for [...]

Canada Carbon Inc. is very pleased to announce a Maiden Mineral Resource Estimate for its flagship 100% owned Asbury Graphite Project. The Resource Estimate was prepared pursuant to Canadian Securities Administrators' National Instrument 43-101 by the independent firm SGS Canada Inc. of Blainville, Quebec. The Maiden Resource Estimate consists of an inferred resource of 4.14 Mt with an average grade of 3.05% Cg, within [...]

Canada Carbon Inc. is pleased to announce it has received results from the Fall 2023 drilling program completed on the eastern part of its Asbury Property. These results consist of 909 core samples that showed graphite mineralization. Drilling was conducted from October 16, 2023, to Nov 30, 2023. Figure 1: Overview of Asbury Project and the Results of Fall 2023 Campaign's Assays The Program The 2023 program consisted of [...]

Canada Carbon Inc. is pleased to announce it has successfully completed half-cell battery testing of its graphite material with Polaris Battery Labs. Flake graphite provided for this testing was provided from Canada Carbons Miller Graphite Mine projec. Coin cells for Canada Carbon were assembled and tested by Polaris Battery Labs against a commercially available graphite baseline material for comparison. Both sets of [...]

Further to its press release dated Jan 9, 2023, Canada Carbon announces that it has received TSXV approval for an agreement to extinguish an aggregate of $145,417 in debt owing to former Chief Financial Officer and Chief Executive Officer, Olga Nikitovic. The debt was extinguished in consideration for the issuance of an aggregate of 4,406,575 common shares in the capital of the Company at a deemed price of $0.033 per [...]

Canada Carbon announces that it has entered into a debt settlement agreement with former Chief Financial Officer and Chief Executive Officer, Olga Nikitovic, to settle an aggregate of $145,417 of accrued management fees in consideration for the issuance of an aggregate of 4,406,575 common shares in the capital of the Company at a deemed price of $0.033 per share. Ms. Nikitovic's tenure with the Company concluded in [...]

Further to its press release dated Dec 11, 2023, Canada Carbon is pleased to announce the closing of a second and final tranche of a non-brokered private placement of 3,333,333 units at a price of $0.03 per Unit for aggregate gross proceeds of $100,000. Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant. Each whole Warrant shall entitle the holder thereof to [...]

]Canada Carbon, in conjunction with the Municipality of Notre-Dame-du-Laus, is pleased to announce the creation of a Community Advisory Committee to support the Company's efforts in the development of the Asbury graphite mine in Notre-Dame-du-Laus. This Committee will serve as a formal means of information exchange and follow-up between CCB and the residents of NDL. It will promote collaboration between citizens and the [...]

Canada Carbon is pleased to report that extensive graphitic mineralization was observed during its ongoing drill program on the Asbury Property. The Company would like to take this opportunity to provide a general update regarding the exploration program on the Property. Current exploration work includes drilling, completion of an NI 43-101 compliant resource calculation, metallurgical testing and development of a [...]