Canada Carbon Inc. , is pleased to announce that the Company has commenced submission of its revised application for review of its Miller Graphite Project by the Commission de la Protection du Territoire Agricole du Quebec . On Friday, March 17th, 2023, CCB submitted a complete project description along with all supporting studies and exhibits to the Municipal Inspector of Grenville Sur La Rouge . GSLR is statutorily [...]
Canada Carbon Inc. announces that it has granted options to purchase an aggregate of up to 3,200,000 common shares in the capital of the Company to the directors and Chief Executive Officer of the Company. Each Option is exercisable into one Common Share at $0.15 per share for a period of five years from the date of grant. The Options vest immediately and are granted in accordance with the Company's equity incentive plan [...]
Canada Carbon Inc. , is pleased to announce that the Company has received preliminary assay results from the November 2022 drilling and trenching program completed on the eastern part of its Asbury Property , located in Notre-Dame-du-Laus, Quebec . Drilling and trenching were conducted from November 21st, 2022 to November 30th, 2022 . Figure 1: Overview of Asbury Project and Preliminary Results of Fall 2022 Campaign [...]
. Further to its press release dated January 17, 2023, Canada Carbon Inc. announces that it has received TSXV approval for an agreement to extinguish an aggregate of $200,000 in debt owing to former Chief Financial Officer and Chief Executive Officer, Olga Nikitovic. The debt was extinguished in consideration for the issuance of an aggregate of 3,333,333 common shares in the capital of the Company at a deemed price of [...]
Canada Carbon announces that it has entered into a debt settlement agreement with former Chief Financial Officer and Chief Executive Officer, Olga Nikitovic, to settle an aggregate of $200,000 of accrued management fees in consideration for the issuance of an aggregate of 3,333,333 common shares in the capital of the Company at a deemed price of $0.06 per share. Ms. Nikitovic's tenure with the Company concluded in [...]
Canada Carbon Inc. , is pleased to announce that it has completed its trenching and drilling campaign near the MC-8805 showing on the eastern part of the Asbury Property. The Program Prospecting in 2021 returned mineralized grab samples in the NE part of the Property, near the MC-8805 showing. Historic drill holes in the vicinity of the showing returned 8.14% Cg over 18.9 meters. This area was the main target for the Fall [...]
Canada Carbon Inc. , reports that it has filed on SEDAR the National Instrument 43-101 report of the updated Mineral Resource Estimate for its flagship 100% owned Miller Graphite Project located 80 kilometres west of Montréal, near Grenville, Québec. The Resource Estimate was prepared pursuant to Canadian Securities Administrators' NI 43-101 by the independent firm SGS Canada Inc. of Blainville, Quebec. The updated [...]
Canada Carbon Inc. , is very pleased to announce an updated Mineral Resource Estimate for its flagship 100% owned Miller Graphite Project located 80 kilometres west of Montréal, near Grenville Sur-la-Rouge, Québec. The Resource Estimate was prepared pursuant to Canadian Securities Administrators' National Instrument 43-101 by the independent firm SGS Canada Inc. of Blainville, Quebec. The updated Resource Estimate [...]
Canada Carbon Inc. , is pleased to announce its receipt of permits for forest intervention to open access trails, open trenches and prepare drilling pads near the MC-8805 showing on the eastern part of the Asbury Graphite Deposit, located in Notre-Dame-du-Laus, QC . The permits require that written notice be sent to the Ministry of Forestry and Wildlife Management at least 15 days prior to the date on which the works [...]
Canada Carbon Inc. is pleased to announce that it has entered into a memorandum of understanding with Irondequoit Carbon Co., LLC providing for a potential future joint venture and the sale of a minimum of 25% of the graphite produced from the Company's Miller deposit located in Grenville-Sur-La-Rouge, Quebec . Under the terms of the MOU, Irondequoit will have the exclusive right for a period of three years to conclude [...]
Canada Carbon Inc. is pleased to announce the closing of a non-brokered private placement of 13,333,300 units at a price of $0.06 per Unit for aggregate gross proceeds of approximately $800,000 . Each Unit is comprised of one flow-through share in the capital of the Company and one-half of one common share purchase warrant . Each Warrant shall entitle the holder thereof to acquire one common share in the capital of the [...]
Canada Carbon Inc. announces that it has granted options to purchase an aggregate of up to 400,000 common shares in the capital of the Company to certain consultants of the Company. Each Option is exercisable into one Common Share at $0.15 per share for a period of three years from the date of grant. The Options vest immediately and are granted in accordance with the Company's equity incentive plan. [...]