Canada Carbon Inc. is pleased to announce that it has entered into a memorandum of understanding with Irondequoit Carbon Co., LLC providing for a potential future joint venture and the sale of a minimum of 25% of the graphite produced from the Company's Miller deposit located in Grenville-Sur-La-Rouge, Quebec . Under the terms of the MOU, Irondequoit will have the exclusive right for a period of three years to conclude [...]
Canada Carbon Inc. is pleased to announce the closing of a non-brokered private placement of 13,333,300 units at a price of $0.06 per Unit for aggregate gross proceeds of approximately $800,000 . Each Unit is comprised of one flow-through share in the capital of the Company and one-half of one common share purchase warrant . Each Warrant shall entitle the holder thereof to acquire one common share in the capital of the [...]
Canada Carbon Inc. announces that it has granted options to purchase an aggregate of up to 400,000 common shares in the capital of the Company to certain consultants of the Company. Each Option is exercisable into one Common Share at $0.15 per share for a period of three years from the date of grant. The Options vest immediately and are granted in accordance with the Company's equity incentive plan. [...]
Canada Carbon Inc. is pleased to announce it has received all the assay results from the December 2021 drilling program on its Miller Property. Drilling was conducted from Nov 28, 2021 to Dec 21st, 2021. The primary objective of the drilling program was to better define and connect the area located between the two pits of the Project as defined in its PEA (see news release dated March 4th, 2016). Figure 1 shows the [...]
Further to its press releases dated April 12, 2022 and April 28, 2022, Canada Carbon Inc. is pleased to announce the closing of a second and final tranche of a non-brokered private placement of 200,000 units at a price of $0.075 per Unit for aggregate gross proceeds of $15,000. Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant. Each Warrant entitles the holder [...]
Canada Carbon Inc. is pleased to announce the appointment of Remantra Sheopaul as Chief Financial Officer of the Company, replacing Olga Nikitovic, effective immediately. The Company thanks Ms. Nikitovic for her tenure as Chief Financial Officer and Chief Executive Officer through December 2021 and for continuing in a consulting capacity, on accounting and financial matters, through April 2022. Mr. Sheopaul presently [...]
Further to its press release dated April 12, 2022, Canada Carbon Inc. is pleased to announce the closing of the first tranche of a non-brokered private placement of 11,640,000 units at a price of $0.075 per Unit for aggregate gross proceeds of $872,900 . Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant . Each Warrant entitles the holder thereof to acquire one [...]
Canada Carbon Inc. is pleased to announce a non-brokered private placement of up to 16,000,000 units at a price of $0.075 per Unit for aggregate gross proceeds of up to $1,200,000 . Each Unit shall be 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 at a price of $0.9375 per Common Share for a [...]
Canada Carbon Inc. is pleased to announce that is has retained Hybrid Financial Ltd. to provide marketing services to the Company pursuant to a marketing services agreement dated March 15th, 2022 . Hybrid has been engaged to heighten market and brand awareness for the Company and to broaden the Company's reach within th investment community. Hybrid has been engaged by the Company for an initial period of 12 months and [...]
Canada Carbon Inc. , , is pleased to announce its first assay results from the rock samples taken as part the 2021 geochemical survey on its Asbury Property . Canada Carbon's objective was to investigate identified conductors located on the Property to see if they could be explained by graphitic mineralization. This survey confirmed that all of the tested conductors bear graphite mineralization , while multiple conductors [...]
Canada Carbon Inc. is pleased to announce that it has completed an extensive drilling program on its Miller Graphite Property , located in Grenville Sur la Rouge, Quebec . Drilling was conducted from November 28th, 2021 to December 21st, 2021. The Company completed 3,005m of drilling in 32 holes varying in depth between 30 and 178 metres. The meterage makes this program the largest drill campaign completed to-date on the [...]
Canada Carbon Inc. announces that its board of directors have approved the granting of 2,759,000 options under its Stock Option Plan. Of these, 2,259,000 options were issued to a senior officer and 500,000 options to a consultant to the firm. Each share under option carries a 5-year term and an exercise price of $0.085. All options vest immediately. Canada Carbon Inc. "Ellerton Castor" Chief Executive Officer and Director [...]