Canada Carbon closes $990,000 private placement

Jun 29, 2015

CANADA CARBON CLOSES $990,000 FLOW-THROUGH FINANCING Canada Carbon Inc. has closed a non-brokered private placement which raised gross proceeds of $990,000. Specifically, the company issued three million flow-through shares at a price of 33 cents per share to two subscribers. No warrants were issued to the placees in conjunction with this private placement. The issue price of the shares exceeds the 52-week-high share price. Finders’ fees of $69,300 were paid in connection with the private...

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Skeena begins fieldwork, camp construction at Spectrum

Jun 29, 2015

SKEENA RECEIVES THREE-YEAR EXPLORATION PERMIT AND MOBILIZES DRILLS TO SPECTRUM GOLD PROJECT Skeena Resources Ltd. has received a three-year drilling permit, begun fieldwork and camp construction, and is mobilizing two drills to the Spectrum high-grade gold project in northwestern British Columbia. Fieldwork, which commenced June 15, included resampling of historic core, soil sampling and prospecting under the direction of Jacques Stacey, MSc, PGeol, project manager. In addition, geological...

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Alabama tests coated spherical graphite for battery use

Jun 25, 2015

ALABAMA GRAPHITE COMMENCES DEVELOPMENT AND TESTING OF VALUED ADDED GRAPHITE PRODUCTS FOR USE IN LITHIUM ION BATTERIES Alabama Graphite Corp. has commenced work on production of coated spherical graphite (CSPG) for use in anodes for lithium-ion batteries. Although there are a large number of uses for graphite currently, the main interest has come from Lithium Ion Batteries. There is approximately 10 times more graphite in a lithium ion battery than lithium. In fact the supply critical material...

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Alabama Graphite drills 105 ft of 4.12% Cg at Coosa

Jun 24, 2015

ALABAMA GRAPHITE RECEIVES INITIAL ASSAY RESULTS FROM THE ONGOING DRILL PROGRAM AT ITS COOSA PROJECT, ALABAMA, USA Alabama Graphite Corp. has received initial assay results from its continuing drilling program conducted at its flagship Coosa project. The purpose of the drill program was to expand the oxide resource through step-out drilling to the northeast, southeast and southwest. All of the reported drill holes are on the northeast margin of the Coosa resource. Because the Coosa resource...

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Nevada Clean formally signs JV with ScanMag

Jun 22, 2015

NEVADA CLEAN MAGNESIUM SIGNS JOINT VENTURE AGREEMENT WITH SCANMAG AS Nevada Clean Magnesium Inc. has formally completed its joint venture agreement with ScanMag AS of Norway as per the binding letter of agreement previously announced Dec. 22, 2014. The terms include:   ScanMag AS will invest $5-million (U.S.) into Nevada Clean Magnesium (NCM), payable over four years, commencing with the first major payment of $2-million within 12 months, followed by 36 monthly payments of $83,300...

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