Northern Graphite Corp. is pleased to announce that it has retained Frank Wheatley to act as a Special Advisor to the Board and Management on various corporate, strategic and financial initiatives that are underway to move the Bissett Creek Project forward. Mr. Wheatley is a senior executive with more than 35 years of international business [...]
Northern Graphite Corp. is pleased to announce that ProGraphite GmbH has completed the first phase of testing designed to characterize and optimize the Company's graphite concentrates for use in advanced applications such as fuel cells, lithium ion batteries and flow batteries as well as in traditional markets. ProGraphite concluded that graphite [...]
Northern Graphite Corp. announces that the Board of Directors has approved a grant of stock options to directors and officers to purchase a total of 2,800,000 shares of the Company at a price of $0.50 per share for a period of five years. The option grant is essentially to replace 2,200,000 stock options exercisable at a price of $0.50 per share [...]
Northern Graphite Corp. , is pleased to announce that as part of meeting its environmental and social governance responsibilities, it has retained Minviro Ltd. to carry out a Life Cycle Assessment of the Bissett Creek graphite project. The LCA will quantify the Project's carbon footprint/global warming potential along with other potential impacts [...]
Northern Graphite Corp. announces that 3,020,000 warrants that were due to expire on March 24, 2021 have been exercised at a price of $0.40 per share. The Company realized proceeds of $1,208,000 and its cash position currently stands at $4.9 million. The Company also owns 2,000,000 shares of Electric Royalties Ltd. with a market value of [...]
Northern Graphite Corp. is pleased to announce that it has engaged ProGraphite GmbH to test, characterize and optimize the Company's graphite concentrates for use in advanced applications such as lithium ion batteries , fuel cells and flow batteries as well as in traditional markets. ProGraphite is located in Germany and is one of the world's [...]
Northern Graphite Corp. is pleased to announce that ongoing metallurgical testing continues to confirm the high percentage of valuable, large flake concentrates that will be produced from its Bissett Creek deposit. Recent tests have averaged 22 per cent +32 mesh flake and 46 per cent +48 mesh flake. Cumulatively, 95 per cent of concentrates [...]
Northern Graphite Corp. announces that its non-brokered private placement consisting of 10,688,000 units at a price of $0.28 per unit for gross proceeds of approximately $3 million has closed. Each unit is comprised of one common share and one half of one share purchase warrant with each full warrant entitling the holder to purchase one common [...]
Northern Graphite Corp. announces that due to investor demand, the Company is increasing the size of its previously announced non-brokered private placement to 10,690,000 units at a price of $0.28 per unit for gross proceeds of approximately $3 million, which represents an increase of approximately $200,000. Each unit is comprised of one common [...]
Northern Graphite Corp. announces that it plans to complete a non-brokered private placement of up to $2.8 million through the sale of up to 10 million units at a price of $0.28 per unit. Each unit will be comprised of one common share and one half of one share purchase warrant with each full warrant entitling the holder to purchase one common [...]
Northern Graphite Corp. announces that comprehensive metallurgical testing carried out at SGS Lakefield has validated changes designed to simplify the flow sheet for the Bissett Creek Project and to reduce capital and operating costs. Testing indicated that the new flowsheet will increase average concentrate purities from 94.5 to 97.2 per cent with [...]
Northern Graphite Corp. has closed the previously announced sale of a one per cent gross revenue royalty on its Bissett Creek Project to Electric Royalties Ltd. for $500,000 in cash and two million common shares of ELEC . Half of the Consideration Shares are subject to a 12 month hold period and half to an 18 month hold period. Under the terms of [...]