Canada Carbon Inc. , is pleased to announce that the Company has received preliminary assay results from the November 2022 drilling and trenching program completed on the eastern part of its Asbury Property , located in Notre-Dame-du-Laus, Quebec . Drilling and trenching were conducted from November 21st, 2022 to November 30th, 2022 . Figure 1 [...]
. Further to its press release dated January 17, 2023, Canada Carbon Inc. announces that it has received TSXV approval for an agreement to extinguish an aggregate of $200,000 in debt owing to former Chief Financial Officer and Chief Executive Officer, Olga Nikitovic. The debt was extinguished in consideration for the issuance of an aggregate of [...]
Canada Carbon announces that it has entered into a debt settlement agreement with former Chief Financial Officer and Chief Executive Officer, Olga Nikitovic, to settle an aggregate of $200,000 of accrued management fees in consideration for the issuance of an aggregate of 3,333,333 common shares in the capital of the Company at a deemed price of [...]
Canada Carbon Inc. , is pleased to announce that it has completed its trenching and drilling campaign near the MC-8805 showing on the eastern part of the Asbury Property. The Program Prospecting in 2021 returned mineralized grab samples in the NE part of the Property, near the MC-8805 showing. Historic drill holes in the vicinity of the showing [...]
Canada Carbon Inc. , reports that it has filed on SEDAR the National Instrument 43-101 report of the updated Mineral Resource Estimate for its flagship 100% owned Miller Graphite Project located 80 kilometres west of Montréal, near Grenville, Québec. The Resource Estimate was prepared pursuant to Canadian Securities Administrators' NI 43-101 by the [...]
Canada Carbon Inc. , is very pleased to announce an updated Mineral Resource Estimate for its flagship 100% owned Miller Graphite Project located 80 kilometres west of Montréal, near Grenville Sur-la-Rouge, Québec. The Resource Estimate was prepared pursuant to Canadian Securities Administrators' National Instrument 43-101 by the independent firm [...]
Canada Carbon Inc. , is pleased to announce its receipt of permits for forest intervention to open access trails, open trenches and prepare drilling pads near the MC-8805 showing on the eastern part of the Asbury Graphite Deposit, located in Notre-Dame-du-Laus, QC . The permits require that written notice be sent to the Ministry of Forestry and [...]
Canada Carbon Inc. is pleased to announce that it has entered into a memorandum of understanding with Irondequoit Carbon Co., LLC providing for a potential future joint venture and the sale of a minimum of 25% of the graphite produced from the Company's Miller deposit located in Grenville-Sur-La-Rouge, Quebec . Under the terms of the MOU [...]
Canada Carbon Inc. is pleased to announce the closing of a non-brokered private placement of 13,333,300 units at a price of $0.06 per Unit for aggregate gross proceeds of approximately $800,000 . Each Unit is comprised of one flow-through share in the capital of the Company and one-half of one common share purchase warrant . Each Warrant shall [...]
Canada Carbon Inc. announces that it has granted options to purchase an aggregate of up to 400,000 common shares in the capital of the Company to certain consultants of the Company. Each Option is exercisable into one Common Share at $0.15 per share for a period of three years from the date of grant. The Options vest immediately and are granted in [...]
Canada Carbon Inc. is pleased to announce it has received all the assay results from the December 2021 drilling program on its Miller Property. Drilling was conducted from Nov 28, 2021 to Dec 21st, 2021. The primary objective of the drilling program was to better define and connect the area located between the two pits of the Project as defined in [...]
Further to its press releases dated April 12, 2022 and April 28, 2022, Canada Carbon Inc. is pleased to announce the closing of a second and final tranche of a non-brokered private placement of 200,000 units at a price of $0.075 per Unit for aggregate gross proceeds of $15,000. Each Unit is comprised of one common share in the capital of the [...]