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Volt Carbon Technologies Inc ( (TSE:VCT) ) has shared an announcement.
Volt Carbon Technologies Inc. has announced a non-brokered private placement of up to 10,000,000 units at C$0.025 per unit, aiming to raise as much as C$250,000, with each unit comprising one common share and a warrant exercisable at C$0.05 for 24 months. Proceeds are earmarked for intellectual property development, advancement of battery and mobile mineral separation technologies, and general working capital, with closing subject to customary conditions and TSX Venture Exchange approval.
The company also set June 19, 2026, as the date for its Annual General Meeting in Victoria, British Columbia, where shareholders are encouraged to vote by proxy and may attend in person. No insiders plan to participate in the financing and no new control persons are expected to emerge, suggesting a focus on broadening the investor base while funding core technology and project development efforts.
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 claim holdings in Ontario, Quebec, and British Columbia. The company targets technologies around advanced batteries and related mineral resources as part of its positioning in the clean energy and materials sector.
Average Trading Volume: 207,030
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$5.72M
For a thorough assessment of VCT stock, go to TipRanks’ Stock Analysis page.