Welcome to our dedicated page for VOLT CARBON TECHNOLOGIES news (Ticker: TORVF), a resource for investors and traders seeking the latest updates and insights on VOLT CARBON TECHNOLOGIES stock.
Volt Carbon Technologies Inc. (TORVF) drives innovation in sustainable carbon science through mineral exploration, eco-friendly graphite processing, and advanced battery technology development. This news hub provides investors and industry observers with essential updates on the company’s progress across its core operational areas.
Access authoritative coverage of TORVF’s financial announcements, technological breakthroughs, and strategic partnerships. Our curated collection includes:
• Financial disclosures: Earnings reports and capital allocation updates
• Exploration milestones: Mining claim developments and resource assessments
• Technology advancements: Battery electrolyte innovations and dry separation process enhancements
• Strategic collaborations: Partnerships accelerating green energy solutions
Bookmark this page for streamlined access to TORVF’s evolving position in sustainable mining and energy storage markets. Regular updates ensure you maintain current awareness of the company’s contributions to graphite processing efficiency and low-environmental-impact battery components.
Volt Carbon Technologies has entered into an arm's length option agreement with Green Battery Minerals for the Berkwood Graphite Project in Northern Quebec.
Under the agreement, Volt has the option to acquire a 5% interest in the property by December 31, 2025, and will receive 4 million GEM shares.
Volt will need to spend $150,000 on the project before December 31, 2024, and make a $1.5 million cash payment if they exercise the option.
If GEM receives a takeover offer, they can buy back the option for $1.8 million or 5% of the takeover price.
The agreement aligns with Volt's strategy to access high-grade graphite deposits for their proprietary dry separation process.
Volt Carbon Technologies (TSXV: VCT, OTCQB: TORVF) announced the closing of its private placement, raising a total of $338,081 by issuing 4,829,730 units at $0.07 per unit. Each unit comprises one common share and one common share purchase warrant, exercisable at $0.12 for 36 months. A cash finder's fee of $1,120 was paid to EMD Financial. Proceeds will be used for outstanding payables and working capital. Insiders purchased 2,052,872 units, constituting a related party transaction. All common shares are subject to a four-month hold period. The company's CEO emphasized a focus on commercializing battery materials and energy storage systems.
Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) has extended the private placement deadline to May 31, 2024, for up to 10,000,000 Units at $0.07 per Unit, aiming for gross proceeds of $700,000. Options of 500,000 and 3,000,000 have been granted to employees, consultants, and Directors at exercise prices of $0.08 and $0.12, expiring on May 9, 2029.
Volt Carbon Technologies Inc. releases test results for its high energy density Lithium (Li)-metal Iron Phosphate battery and provides an operational update, showcasing an industry-leading 280Wh/kg energy density for the cathode type, which can impact battery competitiveness for electric vehicles and devices. The company aims to surpass 800 cycles and achieve an 80% capacity threshold by the end of 2024. The Lithium Iron Phosphate (LFP) battery technology advancements mark a significant step forward in the company's strategic roadmap outlined until 2030.