Further to its press release dated April 12, 2022, Canada Carbon Inc. is pleased to announce the closing of the first tranche of a non-brokered private placement of 11,640,000 units at a price of $0.075 per Unit for aggregate gross proceeds of $872,900 . Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant . Each Warrant entitles the holder thereof to acquire one [...]
Canada Carbon Inc. is pleased to announce a non-brokered private placement of up to 16,000,000 units at a price of $0.075 per Unit for aggregate gross proceeds of up to $1,200,000 . Each Unit shall be comprised of one common share in the capital of the Company and one common share purchase warrant . Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of $0.9375 per Common Share for a [...]
Canada Carbon Inc. is pleased to announce that is has retained Hybrid Financial Ltd. to provide marketing services to the Company pursuant to a marketing services agreement dated March 15th, 2022 . Hybrid has been engaged to heighten market and brand awareness for the Company and to broaden the Company's reach within th investment community. Hybrid has been engaged by the Company for an initial period of 12 months and [...]
Canada Carbon Inc. , , is pleased to announce its first assay results from the rock samples taken as part the 2021 geochemical survey on its Asbury Property . Canada Carbon's objective was to investigate identified conductors located on the Property to see if they could be explained by graphitic mineralization. This survey confirmed that all of the tested conductors bear graphite mineralization , while multiple conductors [...]
Canada Carbon Inc. is pleased to announce that it has completed an extensive drilling program on its Miller Graphite Property , located in Grenville Sur la Rouge, Quebec . Drilling was conducted from November 28th, 2021 to December 21st, 2021. The Company completed 3,005m of drilling in 32 holes varying in depth between 30 and 178 metres. The meterage makes this program the largest drill campaign completed to-date on the [...]
Canada Carbon Inc. announces that its board of directors have approved the granting of 2,759,000 options under its Stock Option Plan. Of these, 2,259,000 options were issued to a senior officer and 500,000 options to a consultant to the firm. Each share under option carries a 5-year term and an exercise price of $0.085. All options vest immediately. Canada Carbon Inc. "Ellerton Castor" Chief Executive Officer and Director [...]
Canada Carbon Inc. is pleased to announce that it has started an expansion of the drilling program on its Miller Graphite Property , located in Grenville Sur la Rouge, Quebec . Drilling commenced on November 28th, 2021, and data obtained from the drilling program will enable the Company to achieve a number of key objectives: 1) upgrade its resource calculation; 2) delineate the location and shape of the future graphite [...]
Canada Carbon Inc. , , is pleased to announce the appointment of Ellerton J. Castor as Chief Executive Officer effective December 1, 2021. Also on that date, Mr. Castor will be added to the Board of Directors of Canada Carbon. Mr. Castor recently served as Chief Executive Officer of Ontario Graphite Limited , a graphite mining company based in Toronto, Canada. Prior to assuming the role of CEO, Mr. Castor was CFO for the [...]
Canada Carbon Inc. , announces that its Chief Executive Officer , Olga Nikitovic, will be resigning from this position effective December 15, 2021. Olga also fulfills the role as the Company's Chief Financial Officer and will be resigning from this position on December 15, 2021 as well. The Company acknowledges the significant contribution to Canada Carbon Inc. that Olga made during her 14-year tenure as CFO. Olga [...]
Canada Carbon Inc. , announces it has closed a non-brokered private placement for the issuance of 3,478,260 flow-through shares for $0.115 per share for gross proceeds of $399,999.90. No finder's fees were paid in connection with the Private Placement. In accordance with applicable securities legislation, all securities issued in the Private Placement are subject to a statutory hold period of four months and one day. The [...]
Canada Carbon Inc. , , is pleased to announce that it has received the final decision from La Commission de Protection du territoire Agricole du Quebec . On July 21, 2021, the CPTAQ rendered a Notice of Change in Orientation in which it indicated it was prepared to authorize, for a period of two years, the exploratory work required for Canada Carbon to provide additional information for its application file. CPTAQ [...]
Canada Carbon Inc. , is pleased to announce that a field prospecting campaign was completed over historical electromagnetic anomalies on its Asbury claims . From July 26, 2021 to July 30, 2021, a nine person team prospected, mapped and sampled the property equipped with two Bm4+ 'Beep Mat' electromagnetic detectors used to follow multiple conductors found in a 2013 Heliborne Magnetic and TDEM survey by Focus Graphite [...]