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Volt Carbon Technologies Inc ( (TSE:VCT) ) has provided an announcement.
Volt Carbon Technologies Inc. plans to raise up to C$175,000 through a non-brokered private placement of up to 5,000,000 units priced at C$0.035 each, with every unit comprising one common share and one warrant exercisable at C$0.05 for 24 months, subject to a standard hold period and regulatory approvals. The funds are earmarked to support the company’s intellectual property development and to advance its battery and mobile mineral separation technologies, alongside general working capital, signalling a continued push to develop its technology platform without insider participation and without creating new control positions, which may modestly strengthen its balance sheet and support ongoing R&D efforts in the clean-energy and mineral-processing space.
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 additional exposure to mineral development through mining claims in Ontario, Quebec and British Columbia. The company is listed on the TSX Venture Exchange and the OTCQB, positioning it within the emerging clean-technology and critical-minerals ecosystem in Canada.
Average Trading Volume: 513,251
Technical Sentiment Signal: Buy
Current Market Cap: C$9.33M
Find detailed analytics on VCT stock on TipRanks’ Stock Analysis page.