Northern Graphite Corp. is pleased to announce that it has entered into an option agreement to earn up to an 80 per cent interest in the South Okak Ni-Cu-Co project , located 80 km southeast of Voisey's Bay, Labrador. The South Okak area produced some of the best Ni-Cu-Co drill intervals outside of Voisey's Bay during the 1990s exploration rush. The 6,350 hectare South Okak property has been consolidated into one [...]
Northern Graphite Corp. is pleased to announce results from the first phase of testing with respect to manufacturing spherical graphite or "SPG" from graphite concentrates produced from the Bissett Creek deposit. SPG is the anode material used in lithium ion batteries. The testing was carried out by ProGraphite who concluded that Bissett Creek concentrates are very well suited for the spheronization process with an above [...]
VANCOUVER, BC, May 25, 2021 /CNW/ - Electric Royalties Ltd. is pleased to announce update on the assets in its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, notes some of the highlights, "It's been an incredible quarter of growth and development across the assets underlying our battery metal royalty portfolio, including: Mont Sorcier vanadium royalty - Glencore has agreed to support the development [...]
Northern Graphite Corp. is pleased to announce that it has retained Frank Wheatley to act as a Special Advisor to the Board and Management on various corporate, strategic and financial initiatives that are underway to move the Bissett Creek Project forward. Mr. Wheatley is a senior executive with more than 35 years of international business, financial and legal experience with Canadian public mining companies operating [...]
Northern Graphite Corp. is pleased to announce that ProGraphite GmbH has completed the first phase of testing designed to characterize and optimize the Company's graphite concentrates for use in advanced applications such as fuel cells, lithium ion batteries and flow batteries as well as in traditional markets. ProGraphite concluded that graphite from the Bisset Creek deposit has an almost unique combination of high [...]
Northern Graphite Corp. announces that the Board of Directors has approved a grant of stock options to directors and officers to purchase a total of 2,800,000 shares of the Company at a price of $0.50 per share for a period of five years. The option grant is essentially to replace 2,200,000 stock options exercisable at a price of $0.50 per share which expire on April 27, 2021. About Northern Graphite Northern Graphite is [...]
Northern Graphite Corp. , is pleased to announce that as part of meeting its environmental and social governance responsibilities, it has retained Minviro Ltd. to carry out a Life Cycle Assessment of the Bissett Creek graphite project. The LCA will quantify the Project's carbon footprint/global warming potential along with other potential impacts and assist in developing mitigation measures. It will also include a [...]
Northern Graphite Corp. announces that 3,020,000 warrants that were due to expire on March 24, 2021 have been exercised at a price of $0.40 per share. The Company realized proceeds of $1,208,000 and its cash position currently stands at $4.9 million. The Company also owns 2,000,000 shares of Electric Royalties Ltd. with a market value of approximately $650,000 and it has no debt. Northern currently has 78,820,756 shares [...]
Northern Graphite Corp. is pleased to announce that it has engaged ProGraphite GmbH to test, characterize and optimize the Company's graphite concentrates for use in advanced applications such as lithium ion batteries , fuel cells and flow batteries as well as in traditional markets. ProGraphite is located in Germany and is one of the world's leading graphite R&D Laboratories with over several decades of professional [...]
Northern Graphite Corp. is pleased to announce that ongoing metallurgical testing continues to confirm the high percentage of valuable, large flake concentrates that will be produced from its Bissett Creek deposit. Recent tests have averaged 22 per cent +32 mesh flake and 46 per cent +48 mesh flake. Cumulatively, 95 per cent of concentrates produced are expected to be greater than 80 mesh which is the cut-off for large [...]
Northern Graphite Corp. announces that its non-brokered private placement consisting of 10,688,000 units at a price of $0.28 per unit for gross proceeds of approximately $3 million has closed. Each unit is comprised of one common share and one half of one share purchase warrant with each full warrant entitling the holder to purchase one common share at a price of $0.45 for a period of two years. Finders fees associated [...]
Northern Graphite Corp. announces that due to investor demand, the Company is increasing the size of its previously announced non-brokered private placement to 10,690,000 units at a price of $0.28 per unit for gross proceeds of approximately $3 million, which represents an increase of approximately $200,000. Each unit is comprised of one common share and one half of one share purchase warrant with each full warrant [...]
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