VOLT CARBON TECHNOLOGIES - TORVF STOCK NEWS

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.

Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) has successfully synthesized diamonds from its dry separated natural flake graphite. The company produced a graphite concentrate blend specifically for diamond synthesis, using the high pressure-high temperature (HPHT) method. The process resulted in near-gemstone-quality crystals ranging from 2 to 5 carats.

Key points:

• Volt Carbon's dry separation techniques preserved natural catalyst materials needed for the graphite-to-diamond transformation.
• The company's graphite enabled diamond synthesis at temperatures up to 200°C lower than typical commercial flake graphite concentrate.
• Volt Carbon aims to advance to synthesizing diamonds for wafer structures in semiconductor and medical applications.
• The material blend will be available in the company's online store next month.

Volt Carbon Technologies (TSXV: VCT) (OTCQB: TORVF) has announced record expansion results for its dry-separated natural flake graphite produced at its Scarborough, Ontario facility. Key highlights include:

1. Expansion protocols developed with the University of Waterloo achieved over 400 ml/g for products larger than +50 mesh.
2. Third-party testing by ProGraphite GmbH confirmed excellent expandability, achieving over 98.2% carbon purity.
3. Dry separation showed a significantly lower oxidation rate compared to flotation, suggesting up to 15% higher yields for downstream processing.
4. The company will begin selling various dry-separated graphite sizes and fractions through its online store starting August 12, 2024.

Volt Carbon is positioning itself to capitalize on the growing demand for expandable graphite in fire-resistant materials, textiles, and graphite foils, with a promising 9.8% annual growth forecast in the market.

Volt Carbon Technologies (TSXV: VCT) (OTCQB: TORVF) has initiated its 2024 exploration program at the Mount Copeland Molybdenum and Rare Earth Element (REE) property in Revelstoke, British Columbia. The program focuses on sampling the tailings pond for REE mineralization, re-sampling the West extension, and exploring the high-grade area to the east where glacier recession may have revealed new deposits.

Historical data indicates significant REE and Niobium potential across various zones. A notable 2010 geochemical analysis reported high-grade REE concentrations, including 13.1% Cerium and 10.2% Lanthanum. The property features a 1,828-meter-long adit, potentially facilitating future underground development.

The company also updated its July 22 news release, adjusting the Finder Warrants exercise price from $0.045 to $0.05.

Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) has announced a non-brokered private placement financing of up to 22,222,222 flow-through common shares at $0.045 per share, aiming to raise up to $1,000,000. The company plans to pay a 7% cash finder's fee and issue 7% Finder Warrants to certain arm's length finders, with Red Cloud Securities Inc. currently being the only confirmed finder. The net proceeds will be used for exploration programs on mineral properties and to incur eligible Canadian Exploration Expenses. The offering is expected to close within 20 business days, subject to regulatory approvals, including TSX Venture Exchange approval.

Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) has announced the launch of its online store for natural flake graphite, set to open on August 12th, 2024. The store will offer responsibly produced graphite using proprietary dry separation methods, focusing on ESG principles. The graphite will be available in various mesh sizes, from -10 to +100, suitable for applications such as dry lubricants, expandable graphite, and battery anodes.

The company's graphite has been benchmarked against leading brands, with internal and third-party tests confirming its quality. Volt Carbon also announced the mutual termination of its option agreement with Green Battery Minerals Inc. regarding the Berkwood Graphite Project in Northern Quebec.