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Volt Carbon Technologies Inc ( (TSE:VCT) ) has provided an update.
Volt Carbon Technologies Inc. announced a non-brokered private placement financing of up to 12,500,000 units at C$0.02 per unit, aiming to raise C$250,000. The proceeds are intended for paying outstanding payables, advancing battery and mineral separation technology, and working capital. The offering, subject to customary conditions and regulatory approvals, is expected to close within 30 business days, with no insiders participating and no new control persons created.
More about Volt Carbon Technologies Inc
Volt Carbon Technologies Inc. is a publicly traded carbon science company focused on energy storage and green energy creation, with mining claims in Ontario, Quebec, and British Columbia, Canada.
YTD Price Performance: -42.86%
Average Trading Volume: 104,900
Technical Sentiment Signal: Buy
Current Market Cap: C$4.77M
Learn more about VCT stock on TipRanks’ Stock Analysis page.