IIROC Trading Resumption - NGC

IIROC Trading Resumption - NGC

Trading resumes in:

Company: Northern Graphite Corporation

TSX-Venture Symbol: NGC

All Issues: No

Resumption (ET): 9:30 AM 1/27/2022

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada .

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions

Cision View original content: https://www.newswire.ca/en/releases/archive/January2022/26/c8268.html

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Northern Graphite Clarifies Disclosure on South Okak Exploration Results

Northern Graphite Clarifies Disclosure on South Okak Exploration Results

Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: ONG) (the "Company" or "Northern"), at the request of IIROC, is re-issuing exploration results from its Press Release of April 4, 2022 to provide additional information on QAQC, the analytical laboratory and analytical techniques and the Qualified Person and contact person. The results of the program are unchanged.

A majority of the samples were taken from numerous gossans located on structures which cross-cut the main NW trending suture that traverses through the area and also hosts the Voisey's Bay deposits. Some of these gossans are over 2km in length and represent multiple exploration targets. One sample returned 1.1% Cu, 0.85% Ni and 0.13% Co and another 1.1% Cu, 0.43% Ni and .085% Co. As per the table below, a number of samples also exceeded 1.0% Ni equivalent. These are significant values given they were collected from highly weathered gossanous material.

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Northern Graphite Reports Nickel/Copper/Cobalt Assays from South Okak Project

Northern Graphite Reports Nickel/Copper/Cobalt Assays from South Okak Project

Provides Update on Imerys Transaction and Financing Extension

Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: ONG) (XSTU: ONG) (the "Company" or "Northern") is pleased to provide assay results from its 2021 field season on the South Okak nickelcoppercobalt property in Labrador. Rock samples were collected throughout the property, including 15 samples from historical drill core, and over 40 kilometers of high-resolution magnetometer data was acquired over two high priority target areas as part of the program.

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Northern Graphite Well Positioned to Benefit From New Critical Minerals Developments in Ontario

Northern Graphite Well Positioned to Benefit From New Critical Minerals Developments in Ontario

Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: ONG) (XSTU:ONG) (the "Company" or "Northern") is pleased to provide shareholders and investors with a summary and analysis of a number of important developments with respect to the critical minerals industry in the Province of Ontario. The Company believes that its Bissett Creek graphite deposit is the most advanced critical minerals development project in Ontario and accordingly, that it is well positioned to benefit. Graphite is the largest component in a lithium ion battery ("LiB") and supply is currently dominated by China.

In mid March, the Ontario government announced the launch of a Critical Minerals Strategy, setting a five year roadmap to establish the province as a reliable global supplier of responsibly sourced critical minerals. The six pillars of the strategy include "growing domestic processing and creating resilient local supply chains" as well as "investing in critical minerals innovation, research and development." This strategy seeks to leverage Ontario's wealth of raw materials, close proximity to manufacturing plants and markets, and green hydroelectric power to facilitate the production of products with high ESG standards and low carbon footprints. These competitive advantages will enable the province to play a significant role in the development of a North American supply chain that isn't dependant on raw materials from China.

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Northern Graphite Plans to Further Reduce Carbon Footprint of Bissett Creek Project

Northern Graphite Plans to Further Reduce Carbon Footprint of Bissett Creek Project

Northern Graphite Corporation (TSXV: NGC) (OTC Pink: NGPHF) (FSE: ONG) (XSTU: ONG) (the "Company" or "Northern") is pleased to announce that Minviro Ltd. ("Minviro") has updated its Life Cycle Assessment ("LCA") on the production of graphite concentrate from the Bissett Creek deposit to include the benefits of an electric mining fleet. Minviro has estimated that by using electricity from the Ontario grid to power both the mining fleet (rather than diesel) and the processing plant (instead of using natural gas), the Global Warming Potential ("GWP") of the Bissett Creek project could be reduced by approximately 80 per cent, from 2.2 kilograms ("kg") of CO2 eq. per kg of graphite produced to 0.45 kg of CO2 eq. Minviro's report is publicly available here.

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Northern Graphite Financing Update

Northern Graphite Financing Update

Northern Graphite Corporation (TSXV: NGC) (OTC Pink: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the "Company" or "Northern") announces that it has received a 30 day extension from the TSX Venture Exchange (the "TSXV") to close the final tranche of its private placement (the "Private Placement") being conducted in connection with the Company's previously announced acquisition of the producing Lac des Iles graphite mine in Quebec and the Okanjande graphite depositOkorusu processing plant in Namibia from subsidiaries of Imerys Group ("Imerys") for approximately US$40 million (the "Transaction"). The final date for acceptance by the TSXV of the Private Placement has been extended to April 4, 2022 in order for the Company to finalize documentation associated with the debenture, royalty and streaming financings with the Sprott Group. It is anticipated that the Transaction, the final tranche of the Private Placement and the debentureroyaltystream financings will close in mid-March, 2022.

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Altech Batteries

Altech – Cerenergy® Battery Project Funding Update

Altech Batteries Limited (Altech/Company) (ASX: ATC) (FRA: A3Y) is pleased to announce an update on funding of the CERENERGY® sodium-chloride solid-state battery project in Saxony, Germany.

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Evolution Energy Minerals Limited

Appointment of Chief Executive Officer

Evolution Energy Minerals Limited (Evolution or the Company) (ASX: EV1, FSE: P77) is pleased to announce the appointment of George Donne as Chief Executive Officer, effective immediately. Mr. Donne brings over 20 years of expertise in the mining sector, with a distinguished career spanning corporate finance advisory, private equity and executive roles in both public and private mining companies. His background includes extensive work in developing markets across multiple commodities, particularly base metals and lithium-ion battery raw materials. With hands-on experience in mergers and acquisitions, corporate financing, investor relations and governance, Mr. Donne is well-positioned to lead Evolution’s strategic growth.

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NMG Provides Update on its Progress Toward FID for its Fully Integrated Ore-to-Active-Anode-Materials Phase-2 Operations

  • Integrated feasibility study for NMG's Phase-2 Matawinie Mine and Bécancour Battery Material Plant advancing to optimize production parameters, engineering, and cost projections, with the updated results expected early in Q1-2025.
  • Active work with Anchor Customers Panasonic Energy and GM to advance product qualification, project execution, commercial, and corporate requirements associated with the respective offtake agreements with a view to underpin Phase-2 development.
  • On-going project financing activities for the Company's Phase 2 including cumulative expressions of interest for approximately $1.4 billion comprised of potential lenders, Anchor Customers and institutional equity investors.
  • Eligibility to a refundable investment tax credit from the Canadian government estimated at about $350 million for the Phase-2 facilities.
  • Detailed engineering of Phase-2 facilities progressing with key engineering firms, supporting the preparation of purchase orders for vendor engineering and long-lead items.
  • Electrification program progressing well; Matawinie Mine's 120kV electrical substation contract awarded to ABB, construction planning underway for the powerline to supply the mine with clean hydropower, and development of zero-emission mining equipment by Caterpillar Inc. ("Caterpillar").
  • Even in the pressured market, 11.2% year-to-date gain on graphite prices (Benchmark Mineral Intelligence, September 2024) and 11.5 million EV sales (Rho Motion, October 2024); GM's EV production and sales in North America are growing significantly (GM, October 2024).
  • Appointment of Stéphane Leblanc to the Board of Directors and Karine Doucet to the position of Vice President Human Resources.
  • Continued engagement with First Nations and community to inform project execution and maximize local benefits.
  • Twelve-month rolling total recordable injury frequency rate of 1.73 and severity rate of 0.86 at the Company's facilities; and no major environmental incidents.
  • Period-end cash position of $56.5 million.

Nouveau Monde Graphite Inc. ("NMG" or the "Company") ( NYSE: NMG , TSX.V: NOU ) reports progress update on its multiple workstreams to bring its Phase-2 Matawinie Mine and Bécancour Battery Material Plant to a Final Investment Decision ("FID"). The Company is actively advancing its integrated feasibility study, engaging with its Anchor Customers Panasonic Energy Co., Ltd. ("Panasonic Energy"), a wholly owned subsidiary of Panasonic Holdings Corporation ("Panasonic") ( TYO: 6752 ), and General Motors Holdings LLC, a wholly owned subsidiary of General Motors Co. (collectively, "GM") ( NYSE: GM ), ongoing project financing activities, and preparing for the construction of its Phase-2 operations.

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Altech – $4M Placement to Advance Battery Projects

Altech Batteries Limited (Altech/Company) (ASX: ATC) (FRA: A3Y) announces a capital raising of $4 million, comprising the issue of 66,666,667 fully paid ordinary shares in the capital of the Company at an issue price of $0.06 per Share. This price is a premium of 50% of the issue price to the Company’s shareholders in the recent Entitlement Offer conducted on 7 August 24. Participants in the placement will also receive free attaching listed options (ASX: ATCOC) of 1 option for every 1 share issued with an exercise price of $0.06 and expiry date of 31 December 2025.

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Person signing agreement with hard hat in background.

International Graphite Gets AU$4.5 Million Grant for Collie Micronising Facility

International Graphite (ASX:IG6) has secured a AU$4.5 million government grant that will fund the construction of its Collie micronising facility, the company said in a press release on Tuesday (November 12).

The amount will be funded under the Australian Government Critical Minerals Office grant.

“We are excited to be pushing ahead with the construction of the new plant at Collie. Establishing a micronising business in Collie has been an important step in our development plans,” said CEO and Managing Director Andrew Worland.

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