Canada Carbon Inc. , announces it has closed a non-brokered private placement in which it has issued 2,500,000 units at $0.20 per unit for gross proceeds of $500,000. Each unit is comprised of one common share and one common share purchase warrant exercisable at $0.26 for three years. No finder’s fees were paid in connection with the financing. Executive Chairman and CEO, R, Bruce Duncan stated, “The funds will be used to [...]
Canada Carbon Inc. is pleased to announce the appointment of Ms. Val?rie Pomerleau to the position of Director, Public Affairs and Communications. In her new position, Ms. Pomerleau will be a spokesperson for the Company and will be responsible for establishing links with various stakeholders and raising awareness of the Miller Project. She will assume this position immediately. Originally from Val-d'Or, in [...]
Canada Carbon Inc. further to its press release of March 5th, 2020 the Company is pleased to announce that the Company has delivered on the initial order from Analytical Reference Materials International , a subsidiary of LGC Standards Company , a global leader in the life sciences sector. This initial order of 50,000 grams of the Miller thermally purified graphite is to be used in the development of a Certified Reference [...]
Canada Carbon Inc. further to its press release of July 29th, 2020, the Company announces that it has sold its royalty on the Red Chris South Project to Newcrest Mining Ltd. for cash consideration of C$225,000. Newcrest Mining Ltd. had elected to exercise its ROFR. Executive Chairman and CEO R. Bruce Duncan remarked, “We are pleased with the sale of this non-core asset which will provide additional cash that enables us to [...]
Canada Carbon Inc. is pleased to announce that it has entered into a binding agreement with SilverStream SEZC, a subsidiary of Vox Royalty Corp. , pursuant to which the Company will sell its royalty on the Red Chris South Project , which is located approximately 5km from the Red Chris gold-copper mine, operated in 70/30 joint venture by Newcrest Mining Ltd. and Imperial Metals Corp. for cash consideration of C$225,000 [...]
Canada Carbon Inc. is pleased to announce that a significant milestone has been obtained regarding its Miller Project located in Grenville-sur-la-Rouge, Qu?bec. The Commission de la Protection du Territoire Agricole du Qu?bec has delivered a conditional positive preliminary orientation. The document which includes the list of conditions is accessible on the CPTAQ website and on the Company’s website at [...]
Canada Carbon Inc. announces that on Monday, March 9th, 2020, the Appeal Court of Quebec abandoned its deliberations to review the judgment rendered by Madam Justice Danielle Turcotte of the Superior Court of Quebec. In November 2018, Justice Turcotte concluded that the action for damages by Canada Carbon against the municipality of Grenville-sur-la-Rouge was not a “SLAPP” action. In explaining her decision [...]
Canada Carbon Inc. wishes to inform Shareholders that its Board of Directors has unanimously approved the revision of its Shareholder Rights Plan which was previously ratified by the Shareholders of the Company at the June 2014 Annual and Special Meeting of Shareholders. The amended Plan will be more fully described in the Information Circular issued in advance of the next Meeting of Shareholders, at which time [...]
Canada Carbon Inc. is pleased to announce that the Company has received an initial order from Analytical Reference Materials International , a subsidiary of LGC Standards Company , a global leader in the life sciences sector. This initial order of 50,000 grams of the Miller thermally purified graphite is to be used in the development of a Certified Reference Material for the analysis of ultra-high purity graphite samples [...]
Canada Carbon Inc. . The Warrants were issued pursuant to a private placement which closed over two tranches in April 2017. The Company proposes to extend the expiry dates for all Warrants by one year, and accordingly, the new expiry dates for the Warrants are as follows: Tranche 1: For Warrants issued on April 12th, 2017, the new expiration date of those Warrants will be April 12, 2021. Tranche 2: For Warrants issued on [...]
Canada Carbon Inc. is pleased to announce that the Commission de protection du territoire agricole has resumed the review of Canada Carbon’s Miller Project as reflected on the CPTAQ website under file #427126. The legal settlement between Canada Carbon, GSLR and the CPTAQ, announced on February 19, 2020 is now available on Canada Carbon’s website [...]
Canada Carbon Inc. is pleased to announce that it has reached a tri-party out-of-court settlement with the Municipality of Grenville-sur-la-Rouge and Commission de protection du territoire agricole . Under the terms of the settlement, all current outstanding legal proceedings are abandoned including the damages claim against GSLR of $96 million. For its part, Grenville-sur-la-Rouge recognizes that the marble quarry [...]