Two New Board Members Proposed for Election; Approvals Sought for Compensation Plans Including Executive Loans to Purchase Securities Northern Graphite Corp. announces that the management information circular for the Company's annual and special meeting of shareholders , to be held in Toronto on November 21, 2022, has been filed on SEDAR. In addition to the annual approvals the Company is required to obtain from its [...]
Northern Graphite Corp. is pleased to announce that it has completed the previously announced exercise of its option to acquire a 100% interest in the Mousseau West graphite project through the payment of $500,000 in cash and the issuance of 900,000 common shares of the Company to the owners of the Property. Northern also has the right to acquire a 2% net smelter royalty retained by the owners at any time upon the payment [...]
Senior Graphite and Carbon Executive Joins Management Team Northern Graphite Corp. is pleased to announce that Mr. Guillaume Jacq has been appointed Chief Financial Officer of the Company, bringing 20 years of international finance experience to the team. Guillaume's extensive experience includes more than ten years in various business & corporate finance roles, as well as internal audit functions at Imerys SA in France [...]
Positive Income from Mine Operations Recorded During the First Two Months of Production Northern Graphite Corp. is very pleased to announce that the Company's Interim Financial Statements and Management's Discussion and Analysis for the three and six month periods ended June 30, 2022 have been filed on SEDAR and are available under the Company's profile. Selected unaudited financial information is presented in the table [...]
Northern Graphite Corp. announces that it has filed a technical report relating to the preliminary economic assessment of its Okanjande/Okorusu graphite project in Namibia. The technical report, entitled "Okanjande Graphite Project - Preliminary Economic Assessment Study Report" is effective July 1, 2022, has been prepared for Northern in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral [...]
Northern Graphite Corp. is pleased to announce that it intends to exercise its option to acquire a 100% interest in the Mousseau West graphite project which is located approximately 80 kms from, and within economic trucking distance of, the Company's producing Lac-des-Iles graphite mine in Quebec. Pursuant to the Company's option agreement relating to the Property, Northern has the option to acquire Mousseau West through [...]
Completes Issuance of Shares in Payment for Advisory Fees This document corrects and replaces the press release that was issued by Northern Graphite Corp. earlier today. The error occurred in the body where the paragraph headed "Payment of Advisory Fees" occurred twice. No other changes were required in the body of the release. Northern Graphite Corp. is pleased to announce the appointment of Marco Zvanik B.Sc as Vice [...]
Completes Issuance of Shares in Payment for Advisory Fees Northern Graphite Corp. is pleased to announce the appointment of Marco Zvanik B.Sc as Vice President of Global Sales. Marco has 35 years of sales, management and operational experience in the composite material, carbon fiber, nanomaterial and wind energy manufacturing industries. He has created, implemented and managed global commercial teams for start-up, mid-cap [...]
Northern Graphite Corp. announces that that it has agreed to issue 700,000 common shares of the Company at a deemed price of US$0.60 per share as payment for US$420,000 owed to NINE58 Advisors , an arm's length investment advisory firm based in London, United Kingdom. NINE58 acted as financial advisor to the Company in connection with its recent acquisition of the Lac-des-Iles, Quebec graphite mine and Okanjande, Namibia [...]
Okanjande/Okorusu on Track for Production by Mid 2023 Northern Graphite Corp. is pleased to announce the completion of a Preliminary Economic Assessment for the restart of its Okanjande/Okorusu graphite operation in Namibia. The report, which will be filed on Sedar shortly, concludes that Northern can bring the project back into production by mid 2023 at an average production level of almost 31,000 tonnes per annum of [...]
Northern Graphite Corp. is informing the market that it will increase prices on production from its Lac des Iles, Quebec graphite mine by 6% in order to cover rising costs due to global inflationary pressures on energy, freight and operational expenses. The price increase will impact all orders received on, or after July 21st, 2022. Northern values its customers and their loyalty and will revisit this price increase if [...]
Northern Graphite Corp. OTCQB: NGPHF) is pleased to announce the commencement of a high resolution, horizontal magnetic gradient and electromagnetic airborne survey on its South Okak Ni-Cu-Co Property in Labrador. Geotech Ltd. of Aurora, Ontario has been commissioned to carry out the VTEMTM Plus survey over the entirety of the South Okak Property. Approximately 1,450 line kilometres of data will be collected. The survey [...]