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Big North Graphite: Zeroing in on El Tejon Post-Flinders

Flinders Resources’ acquisition of Big North Graphite fell through last fall. However, Big North has by no means been inactive since then. Here President and CEO Spiro Kletas discusses what the company has been up to and why it’s dedicating all its resources to the El Tejon project.

Flinders’ Big North Acquisition Falls Through

Flinders said Thursday that it has terminated its agreement to acquire Big North, citing Big North’s failure “to satisfy the due diligence process” as its reason for doing so. Nevertheless, Spiro Kletas, Big North’s president, CEO and director, doesn’t seem shaken.

Flinders, Big North Graphite to Extend Due Diligence

Big North Graphite (TSXV:NRT) and Flinders Resources (TSXV: FDR) have announced that the companies will further extend the due diligence period regarding their acquisition agreement to January 30, 2015. The entering into a definitive agreement to incorporate the terms of the binding letter has been extended to the same date.

Flinders to Acquire Big North Graphite

Big North Graphite (TSXV:NRT), together with Flinders Resources Limited (TSXV:FDR) have entered a binding letter of intent whereby Flinders will acquire all issued and outstanding shares of Big North via a plan of arrangement under the Business Corporations Act of British Columbia. Big North will become a 100 percent owned

Big North Graphite to Reactivate Permits at el Tejon Mine and Mill

Big North Graphite Corp. (TSXV:NRT,OTC:BNCIF) announced that it plans to reactivate all permits needed to re-start operations at its El Tejon flake graphite mine and mill located in Mexico. The permitting consultants engaged to start the process, Gestion Ambiental Omega SC, expect to have all permits in place within roughly

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