Northern Graphite Corp. is pleased to announce it has completed a financing consisting of US$1 million in secured debt and US$2 million in royalty financing provided by funds managed by Sprott Resource Streaming and Royalty Corp. . The financing was completed through amendments to the Company's senior secured credit agreement and royalty agreement entered into with Sprott in April 2022 in connection with the [...]
Northern Graphite CEO Hugues Jacquemin to Join Panel at Benchmark Week 2023 As the world debates whether it will be natural or synthetic graphite that leads Lithium-Ion batteries into the future, Northern Graphite Chief Executive Officer Hugues Jacquemin will join Benchmark Week 2023 for an in-depth panel discussion on Natural Vs Synthetic Graphite - Understanding the global supply/demand balance, battery performance [...]
Graphite Sales Volumes Rose Monthly Through the Third Quarter Northern Graphite Corp. is pleased to announce it has resumed processing ore at Lac des Iles , North America's only producing graphite mine, amid rising market demand and to restock inventories for certain products. Sales volumes at Quebec-based LDI rose each month in the third quarter. Total sales for the three-month period were 2,587 metric tonnes [...]
Controls Would Require Western Battery Makers to Source Graphite from Outside of China, the World's Largest Producer Controls Underscore Importance of Government, Markets to Drive Industry Development Northern Graphite Corp. is pleased to comment on the potential impacts of China's decision to impose controls on some exports of graphite, a key component of Lithium-Ion batteries for electric vehicles, citing national [...]
Demonstrates Battery Anode Material Made from LDI Graphite is Suitable to Supply Northern's Planned Baie-Comeau Battery Anode Plant Indicates Higher Capacity and Potential for Longer Life than Commercially Available Battery Anode Material Northern Graphite Corp. is pleased to announce that results of testing on graphite samples from its cornerstone Lac des Iles mine have verified that LDI graphite is suitable for the [...]
Northern Graphite Corp. is pleased to announce a mineral resource estimate on its Mousseau property which adds significant resources to the Company's portfolio as it grows to supply the energy transition. Northern acquired the Mousseau West graphite project in October 2022 and in March 2023 increased its land package by an additional 101.64 ha through the acquisition of part of the neighbouring Mousseau East property [...]
Northern Graphite Corp. is pleased to announce that it has engaged Senergy Communications Capital Inc. and Outside The Box Capital Inc. to provide investor relations and marketing services to the Company. Senergy's services will consist of a targeted digital marketing program including content creation, web development, advertising creative development, advertising strategy, campaign reporting and optimization. Senergy [...]
Near-Surface Mineralization Indicates Potential for Near-Term Extension of Mining Operations Northern Graphite Corp. is pleased to announce the completion of a drilling campaign at its Lac des Iles mine that confirms the potential to extend the life of what is North America's only significant producer of natural graphite as the EV revolution unfolds. "The second half of the drilling program has confirmed the potential for [...]
Northern Graphite Corp. announces that it has sold an additional 0.5% gross revenue royalty on its Bissett Creek Project to Electric Royalties Ltd. for cash consideration of CAD $950,000. ELEC had previously purchased a 1.0% GRR from the Company in 2020 such that it now holds a total 1.5% GRR on the Bissett Creek Project. In connection with the sale of the additional GRR, Northern and ELEC have entered into an amended and [...]
Northern Graphite Corp. is pleased to announce that it will be joining the Team Canada Critical Mineral Investment Mission to Europe, organized by Natural Resources Canada, Invest in Canada and Global Affairs Canada, which takes place September 26-27 in London and Paris. The two-day mission is a unique opportunity for Canadian companies with advanced exploration, processing and/or recycling projects for zero emission and [...]
Northern Graphite Corp. is pleased to provide an operating and financial summary of results for the three- and six-month periods ended June 30, 2023. The Company's Financial Statements and Management's Discussion and Analysis are available on SEDAR+ and on our website. Operational Summary for the second quarter: Graphite Sales: Graphite sales were weak over the first half of 2023 which adversely affected the Company's [...]
Northern Graphite Corp. is pleased to announce that it has entered into an agreement with Edgewater Capital Partners to extend the Company's option to acquire a stake in NeoGraf Solutions, LLC . With this six-month extension, Northern has the option to acquire an effective 50.1% voting interest and a 33.3% equity interest in NeoGraf. Northern also has an option to increase its interest up to 100%, at a later date, subject [...]