Further to its press release dated March 11, 2021, Canada Carbon Inc. announces that it has amended the terms of the debt settlement agreement with the estate of its former Chief Executive Officer, R. Bruce Duncan. As per the terms of the amended debt settlement agreement, the Company has agreed to settle an aggregate of $409,556 of accrued management fees in consideration for the issuance of an aggregate of 2,155,558 [...]
Canada Carbon Inc. announces that it has entered into a debt settlement agreement with the estate of its former Chief Executive Officer, R. Bruce Duncan, to settle an aggregate of $229,271.79 of accrued management fees in consideration for the issuance of an aggregate of 1,206,691 common shares in the capital of the Company at a deemed price of $0.19 per share . The board of directors and management of the Company believe [...]
Canada Carbon Inc. , wishes to quickly establish a mutually agreed upon protocol for the format and content of future discussions with GSLR to ensure the Miller Project's impact on the municipality and surrounding areas is understood and modified to the extent required or possible for the benefit of all stakeholders. CCB has always been convinced that the co-construction of a protocol based on equal contributions from [...]
Canada Carbon Inc. , has been informed that the Commission de protection du territoire agricole du Qu?bec has set the dates of the public meeting to review the positive preliminary orientation on Canada Carbon's Miller Project file as March 31, 2021 and April 1, 2021. The first day of the meetings will be dedicated to presentations by legal representatives of the interested parties. The second day will be dedicated to [...]
Canada Carbon Inc. , herein provides clarification regarding the direction of the Company and provides answers to frequently asked questions. Canada Carbon is focusing its efforts on the development of its Miller Project , located in Grenville-sur-la-Rouge , Quebec. The Miller Project hosts a marble and ultra-high purity hydrothermal graphite deposit. Canada Carbon is targeting specialty or niche markets where high purity [...]
Canada Carbon Inc. announces that the Company will be extending the exercise period of a total of 5,930,000 share purchase warrants, all of which are exercisable at $0.30 per share . The Warrants were issued pursuant to a private placement which closed over two tranches in April 2017. In January 2020, the terms of the warrants were extended by one year. The Company proposes to extend the expiry dates for all these [...]
Canada Carbon Inc. , is pleased to provide a corporate update. In July 2020, The Commission de la Protection du Territoire Agricole du Qu?bec delivered a conditional positive preliminary orientation for the Miller Project. As part of the review process, the CPTAQ allows 30 days following its orientation for interested parties to submit any additional information related to the Project. The CPTAQ extended the 30-day window [...]
Canada Carbon Inc. : It is with profound sadness that the management and Board of Directors of Canada Carbon Inc. shares the news that its Chief Executive Officer, R. Bruce Duncan passed away suddenly on Thursday, November 12, 2020. The Board of the Company states that, “We are deeply shocked and saddened by Bruce’s passing and our thoughts and deepest condolences are extended to Bruce’s family and friends.” Bruce will be [...]
Canada Carbon Inc. , announces it has closed a non-brokered private placement in which it has issued 2,500,000 units at $0.20 per unit for gross proceeds of $500,000. Each unit is comprised of one common share and one common share purchase warrant exercisable at $0.26 for three years. No finder’s fees were paid in connection with the financing. Executive Chairman and CEO, R, Bruce Duncan stated, “The funds will be used to [...]
Canada Carbon Inc. is pleased to announce the appointment of Ms. Val?rie Pomerleau to the position of Director, Public Affairs and Communications. In her new position, Ms. Pomerleau will be a spokesperson for the Company and will be responsible for establishing links with various stakeholders and raising awareness of the Miller Project. She will assume this position immediately. Originally from Val-d'Or, in [...]
Canada Carbon Inc. further to its press release of March 5th, 2020 the Company is pleased to announce that the Company has delivered on the initial order from Analytical Reference Materials International , a subsidiary of LGC Standards Company , a global leader in the life sciences sector. This initial order of 50,000 grams of the Miller thermally purified graphite is to be used in the development of a Certified Reference [...]
Canada Carbon Inc. further to its press release of July 29th, 2020, the Company announces that it has sold its royalty on the Red Chris South Project to Newcrest Mining Ltd. for cash consideration of C$225,000. Newcrest Mining Ltd. had elected to exercise its ROFR. Executive Chairman and CEO R. Bruce Duncan remarked, “We are pleased with the sale of this non-core asset which will provide additional cash that enables us to [...]