CANADA CARBON INC.


Associated tags: Grenville-sur-la-Rouge, Green economy, Miller, CBB, Carbon, CCB, News, Legislation, The Company, TSX Venture Exchange, Security (finance), COVID-19, TSX, Person

Locations: VANCOUVER, BC, CA, ASBURY, UNITED STATES, CANADA

CANADA CARBON FILES NI 43-101 REPORT ON SEDAR

Retrieved on: 
Thursday, May 30, 2024

There is no guarantee that all or any part of the Mineral Resource will be converted into a Mineral Reserve.

Key Points: 
  • There is no guarantee that all or any part of the Mineral Resource will be converted into a Mineral Reserve.
  • Inferred Resources are considered too geologically speculative to have mining and economic considerations applied to them and to be categorized as Mineral Reserves (as defined in NI 43-101).
  • Additional trenching and/or drilling will be required to convert Inferred Mineral Resources to Measured or Indicated Mineral Resources.
  • This press release contains statements that constitute “forward-looking information” (“forward-looking information”) within the meaning of the applicable Canadian securities legislation.

Canada Carbon Closes Private Placement of Flow-Through Units and Non-Flow-Through Units

Retrieved on: 
Tuesday, May 14, 2024

TORONTO, May 14, 2024 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (the "Company") (TSX-V: CCB) is pleased to announce the closing of a non-brokered private placement of 7,500,000 flow-through units (each, a “FT Unit”) at a price of $0.06 per FT Unit gross proceeds of $450,000 (the “FT Offering”). Each FT Unit is comprised of one (1) flow-through share (each, an “FT Share”) in the capital of the Company and one-half of one (1/2) common share purchase warrant (each, a “Warrant”). Each whole 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 a period of 60 months from the date of issuance. The FT Shares will qualify as “flow-through shares” within the meaning of the Income Tax Act (Canada).

Key Points: 
  • TORONTO, May 14, 2024 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (the "Company") (TSX-V: CCB) is pleased to announce the closing of a non-brokered private placement of 7,500,000 flow-through units (each, a “FT Unit”) at a price of $0.06 per FT Unit gross proceeds of $450,000 (the “FT Offering”).
  • The FT Shares will qualify as “flow-through shares” within the meaning of the Income Tax Act (Canada).
  • Each NFT Unit is comprised of one (1) flow-through share (each, an “FT Share”) in the capital of the Company and one (1) Warrant.
  • This press release contains statements that constitute “forward-looking information” (“forward-looking information”) within the meaning of the applicable Canadian securities legislation.

CANADA CARBON CLOSES PRIVATE PLACEMENT OF UNITS

Retrieved on: 
Wednesday, April 10, 2024

Toronto, ON, Canada, April 10, 2024 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (the "Company") (TSX-V: CCB) is pleased to announce the closing of a non-brokered private placement of 2,466,818 units (each, a “Unit”) at a price of $0.055 per Unit for aggregate gross proceeds of $135,675 (the “Offering”). Each Unit is comprised of one (1) common share (each, a “Share”) in the capital of the Company and one (1) common share purchase warrant (each, a “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 a period of 60 months from the date of issuance.

Key Points: 
  • Toronto, ON, Canada, April 10, 2024 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (the "Company") (TSX-V: CCB) is pleased to announce the closing of a non-brokered private placement of 2,466,818 units (each, a “Unit”) at a price of $0.055 per Unit for aggregate gross proceeds of $135,675 (the “Offering”).
  • In connection with the Offering, the Company paid a cash fee of $4,400 to AlphaNorth Asset Management.
  • Ellerton Castor, Chief Executive Officer of the Company, subscribed for 181,818 Units under the Offering.
  • This press release contains statements that constitute “forward-looking information” (“forward-looking information”) within the meaning of the applicable Canadian securities legislation.

CANADA CARBON ANNOUNCES COMPLETION OF MAIDEN RESOURCE ESTIMATION FOR ITS ASBURY GRAPHITE PROJECT IN NOTRE-DAME-DU-LAUS MUNICIPALITY, LAURENTIDES, QUEBEC

Retrieved on: 
Wednesday, April 3, 2024

The results are used as a guide to assist in the preparation of a Mineral Resource statement and to select an appropriate resource reporting cut-off grade.

Key Points: 
  • The results are used as a guide to assist in the preparation of a Mineral Resource statement and to select an appropriate resource reporting cut-off grade.
  • It is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.
  • The geological model also provides multiple exploration targets with the potential to further expand the graphite mineral resources.
  • Any interpolated blocks of the resource model located outside of the optimised pit shell are not included in the Mineral Resources Estimate.

Canada Carbon Announces Completion of Maiden Resource Estimation for Its Asbury Graphite Project in Notre-Dame-Du-Laus Municipality, Laurentides, Quebec

Retrieved on: 
Wednesday, April 3, 2024

The results are used as a guide to assist in the preparation of a Mineral Resource statement and to select an appropriate resource reporting cut-off grade.

Key Points: 
  • The results are used as a guide to assist in the preparation of a Mineral Resource statement and to select an appropriate resource reporting cut-off grade.
  • It is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.
  • The geological model also provides multiple exploration targets with the potential to further expand the graphite mineral resources.
  • Any interpolated blocks of the resource model located outside of the optimised pit shell are not included in the Mineral Resources Estimate.

Canada Carbon Receives Full Assay Results on its Asbury Property, Including 12.25%Cg over 22.50 Metres

Retrieved on: 
Monday, March 18, 2024

These results have also been shared with SGS Canada in order to produce a geological model that will help with the interpretation of the results.

Key Points: 
  • These results have also been shared with SGS Canada in order to produce a geological model that will help with the interpretation of the results.
  • The current program was located approximately 4 km from the Asbury mine and the conductor anomalies clearly connect the two extremities of the Asbury claim area.
  • Graphitic carbon was determined by calculating the difference from the carbon assay (after ashing) by tube furnace/coulometer minus the carbonate carbon (after ashing) by coulometry.
  • Three graphite standards were used during the drilling program, one low-grade graphitic carbon (0.13% graphitic carbon: GGC-07); three high-grade graphitic carbon (2.41% graphitic carbon: GGC-09; 2.03% graphitic carbon: OREAS 722 and 5.87% graphitic carbon: OREAS 723) standards.

Canada Carbon Receives Full Assay Results on its Asbury Property, Including 12.25%Cg over 22.50 Metres

Retrieved on: 
Monday, March 18, 2024

These results have also been shared with SGS Canada in order to produce a geological model that will help with the interpretation of the results.

Key Points: 
  • These results have also been shared with SGS Canada in order to produce a geological model that will help with the interpretation of the results.
  • The current program was located approximately 4 km from the Asbury mine and the conductor anomalies clearly connect the two extremities of the Asbury claim area.
  • Graphitic carbon was determined by calculating the difference from the carbon assay (after ashing) by tube furnace/coulometer minus the carbonate carbon (after ashing) by coulometry.
  • Three graphite standards were used during the drilling program, one low-grade graphitic carbon (0.13% graphitic carbon: GGC-07); three high-grade graphitic carbon (2.41% graphitic carbon: GGC-09; 2.03% graphitic carbon: OREAS 722 and 5.87% graphitic carbon: OREAS 723) standards.

Canada Carbon announces positive results from graphite half-cell battery testing with Polaris Battery Labs, LLC.

Retrieved on: 
Thursday, February 22, 2024

Mississauga, Ontario, Canada, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (the "Company" or "Canada Carbon" or "CCB") (TSX-V:CCB),(FF:U7N1) is pleased to announce it has successfully completed half-cell battery testing of its graphite material with Polaris Battery Labs, LLC (“Polaris”).

Key Points: 
  • Mississauga, Ontario, Canada, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (the "Company" or "Canada Carbon" or "CCB") (TSX-V:CCB),(FF:U7N1) is pleased to announce it has successfully completed half-cell battery testing of its graphite material with Polaris Battery Labs, LLC (“Polaris”).
  • Flake graphite provided for this testing was provided from Canada Carbons Miller Graphite Mine project (Miller) located in Grenville-sur-la-Rouge, Quebec.
  • Coin cells for Canada Carbon were assembled and tested by Polaris Battery Labs against a commercially available graphite baseline material for comparison.
  • Doug Morris, CEO and Director of Polaris Labs, stated: “These initial results from half-cell (coin cell) testing confirm excellent graphite properties.

CANADA CARBON INC. COMPLETES SHARES FOR DEBT TRANSACTION

Retrieved on: 
Thursday, January 25, 2024

The debt was extinguished in consideration for the issuance of an aggregate of 4,406,575 common shares in the capital of the Company (the “Common Shares”) at a deemed price of $0.033 per share (the “Debt Settlement”).

Key Points: 
  • The debt was extinguished in consideration for the issuance of an aggregate of 4,406,575 common shares in the capital of the Company (the “Common Shares”) at a deemed price of $0.033 per share (the “Debt Settlement”).
  • The Common Shares issued pursuant to the Debt Settlement will be subject to a statutory four month and one day hold period expiring on May 25, 2024.
  • This press release contains statements that constitute “forward-looking information” (“forward-looking information”) within the meaning of the applicable Canadian securities legislation.
  • Forward-looking statements in this news release include statements regarding the Debt Settlement.

CANADA CARBON INC. ANNOUNCES SHARES FOR DEBT TRANSACTION

Retrieved on: 
Tuesday, January 9, 2024

The Debt Settlement is subject to the acceptance of the TSX Venture Exchange.

Key Points: 
  • The Debt Settlement is subject to the acceptance of the TSX Venture Exchange.
  • The Common Shares issued pursuant to the Debt Settlement will be subject to a statutory four month and one day hold period.
  • This press release contains statements that constitute “forward-looking information” (“forward-looking information”) within the meaning of the applicable Canadian securities legislation.
  • Forward-looking statements in this news release include statements regarding the Debt Settlement.