VOLT CARBON TECHNOLOGIES - TORVF STOCK NEWS

Volt Carbon Technologies (TSXV: VCT) (OTCQB: TORVF) has been granted U.S. Patent No. 12,172,192 for its innovative air classifier technology for graphite extraction. The patented technology offers a dry, efficient, and environmentally sustainable method for processing large flake graphite, eliminating chemical reagents and virtually eliminating water usage.

According to a Carbon Credit preliminary feasibility study by Natureblocks Technology (EmitIQ), the technology can reduce greenhouse gas emissions by up to 99% and generate carbon credits valued between $140-340 USD per ton. The company has successfully demonstrated the technology by purifying the Berkwood deposit to 98% purity for Green Battery Minerals.

Volt Carbon is now focusing on building a demonstrator unit for industrial-scale validation and has extended its private placement closing date to December 31, 2024.

Volt Carbon Technologies (TSXV: VCT) (OTCQB: TORVF) has received positive results from an independent preliminary feasibility study by EmitIQ, validating their innovative air classification technology for graphite production. The study confirms their process achieves 95% to 98.5% graphite purity without using water or chemicals.

Key findings demonstrate a 99% reduction in greenhouse gas emissions (0.123-0.15 kg CO₂e/kg vs. 9.5-13.7 kg CO₂e/kg in traditional methods) and elimination of water usage (saves up to 75 liters per kg of graphite). The technology could generate $140-340 per ton in carbon credit revenues, potentially yielding $1.4-3.4 million in offsets for every 10,000 tons produced.

Volt Carbon Technologies (TSXV: VCT) (OTCQB: TORVF) and its subsidiary Solid UltraBattery have been awarded funding from the DAIR Green Fund for two aerospace innovation projects. The fund will cover 50% of project costs up to $75,000 per entity over 24 months. The first project focuses on developing high-performance carbon materials for aerospace applications at Volt's Toronto facility, utilizing their proprietary graphite extraction method. The second project, led by Solid UltraBattery in Guelph, aims to enhance lithium-ion battery performance in low temperatures for unmanned aerial vehicles (UAVs). Both initiatives align with Canada's 2050 net-zero targets in aerospace.

Volt Carbon Technologies (TSXV: VCT) (OTCQB: TORVF) has completed its Shares for Debt Transaction, issuing 17,392,145 common shares at $0.02 per share to settle outstanding debts totaling $347,842.91. The debt settlement includes $200,000 owed to an arm's length creditor and $147,842.91 in management fees owed to a former director and the current CEO. The transaction includes a related party settlement with CEO V-Bond Lee, exchanging 5,000,000 shares for $100,000 in debt. The issued shares are subject to a four-month and one-day hold period.

Volt Carbon Technologies has achieved a significant milestone in battery technology, reaching 1,100 cycles with its proprietary Lithium Iron Phosphate / Li-metal (LFP) battery, retaining 80% capacity. The testing, conducted at their Guelph, Ontario facility, demonstrates substantial progress from the previously reported 800 cycles. The company's high-energy LFP technology addresses industry challenges by eliminating expensive nickel and cobalt materials while maintaining performance. This advancement positions the company for commercialization in electric vehicles, aerospace, and battery-powered devices markets.

Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) has announced the resignation of Rob Martin from its Board of Directors, effective October 17, 2024. The company has accepted Mr. Martin's resignation and expressed its appreciation for his contributions during his time on the board. Volt Carbon extended its best wishes to Mr. Martin for his future endeavors.

This change in the company's leadership structure marks a transition period for Volt Carbon Technologies. The press release does not provide information on any immediate plans to fill the vacant board position or the reasons behind Mr. Martin's departure.

Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) has announced a shares for debt transaction to settle outstanding debts totaling $347,842.91. The company will issue 17,392,145 common shares at $0.02 per share. This decision aims to preserve cash for ongoing operations.

The debt comprises $200,000 owed to an arm's length creditor and $147,842.91 in accrued management fees to a former director and the current President and CEO. The $100,000 settlement with the current CEO is considered a "related party transaction" but is exempt from minority approval and formal valuation requirements.

The transaction is subject to TSX Venture Exchange approval and a four-month hold period will apply to the issued shares.

Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) has announced a significant breakthrough in lithium-ion battery performance, demonstrating functionality at temperatures as low as -80°C. The company's Solid UltraBattery team, in collaboration with Dr. Aiping Yu from the University of Waterloo, developed a proprietary high-entropy electrolyte that outperforms conventional electrolytes in low-temperature conditions.

Key test results show:

• At -40°C: 62.5% capacity retention (vs. 16.8% for standard electrolyte)
• At -60°C: 49.7% capacity retention (vs. no retention for standard electrolyte)
• At -80°C: 30.3% capacity retention

Volt Carbon is now moving forward with pouch cell development to validate the technology's commercial viability, targeting industries such as automotive, aerospace, and defense, especially in cold climate regions.

Volt Carbon Technologies (TSXV: VCT) (OTCQB: TORVF) has announced exploration results from its Mount Copeland project, revealing significant niobium and rare-earth element mineralization. Key findings include:

- Up to 0.34% Nb2O5 in the Glacier Zone
- Up to 0.24% Ce2O3 in the Glacier Zone
- Mineralization extending 300 meters east and west of the abandoned mine

The company plans to expand exploration, including core drilling to target depth extensions of surface mineral zones. The project's potential applications include high-rate anode materials for lithium-ion batteries and various industrial uses for rare earth compounds.