Resource News

Northern Graphite Corporation is pleased to announce a number of new management appointments which are part of an ongoing process designed to strengthen the Company's management team. These new additions will help guide Northern through the transition to an operating and producing company on closing of the previously announced acquisition of two graphite mines from Imerys SA. Northern is set to become the only North ...

Northern Graphite Corporation (TSXV: NGC) (OTC Pink: NGPHF) (the "Company" or "Northern") is pleased to announce a number of new management appointments which are part of an ongoing process designed to strengthen the Company's management team. These new additions will help guide Northern through the transition to an operating and producing company on closing of the previously announced acquisition of two graphite mines from Imerys SA. (read Press Release here) Northern is set to become the only North American and third largest graphite producer outside of China at a time when graphite demand is forecast to rise significantly due to growing EV demand.

David Marsh, B.Sc., Chief Operating Officer

Dave has 40 years of combined experience managing the process engineering divisions of leading international consulting companies and working in industry where he has led companies in taking their mining projects from the scoping level through to feasibility, construction and operations. Dave was previously Chief Operating Officer of Avalon Advanced Materials and General Manager, Project Development for Paladin Energy. He has extensive experience with operations in southern Africa, including Namibia.

Christopher Parks, CPA CGA Chief Financial Officer

Chris was previously Chief Financial Officer of Northern Vertex Mining Corp. and Corporate Controller of Imperial Metals Corporation, and has over 20 years of experience managing the financial affairs of mining companies from the junior exploration stage to production and operations. Chris will act as CFO through the transition period.

Nathalie Pilon, CPA CMA, Director of Finance and Administration

Nathalie is a hands on financial professional who specializes in designing and implementing systems and controls that enable development stage companies to seamlessly transition to production and operations. She has previously performed this role through senior financial positions with Endeavor Mining, Roxgold Inc. and Orezone Gold Corporation.

Kirk Swales, Sales Manager

Kirk has over 35 years of sales and marketing experience in the graphite industry. For the last 17 years he has been with Imerys SA and was responsible for the sale of concentrates from the Lac des Iles mine.

Gregory Bowes, CEO, commented that, "On behalf of the Board of Directors I wish to welcome Dave, Chris, Nathalie and Kirk to the team as we embark upon a very exciting journey in transitioning from a development stage company to a producer. John McNeice CPA CA is resigning as CFO and the Board of Directors would like to thank him for the very capable and efficient manner in which he handled this role over the past four years. John will remain as Corporate Secretary and will assist with the transition of Northern's finance functions to the new team."

The Board of Directors has approved the issuance of a total of 975,000 stock options to the above-named individuals in connection with their appointment, subject to the approval of the TSX Venture Exchange with respect to pricing and other terms.

The appointments of Dave Marsh as Chief Operating Officer, Chris Parks as Chief Financial Officer and Nathalie Pilon as Director of Finance and Administration remain subject to the approval of the TSX Venture Exchange.

About Northern Graphite

Northern Graphite is a Canadian company, listed on the TSX Venture Exchange, that is focussed on becoming a world leading producer of natural graphite and on the upgrade of mine concentrates into high value products critical to the green energy revolution including electric vehicles, lithium-ion batteries, fuel cells and graphene, as well as advanced industrial technologies.

Qualified Person

Gregory Bowes, B.Sc. MBA, P. Geo., a Qualified Person as defined under National Instrument 43-101, has reviewed and is responsible for the technical information in this news release.

For additional information

Please visit the Company's website at http://www.northerngraphite.com/investors/presentation/, the Company's profile on www.sedar.com, contact Gregory Bowes, CEO (613) 241-9959 or visit our Social Channels.

LinkedIn
YouTube
Twitter
Facebook

This news release contains certain "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward- looking statements and information are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "potential", "possible" and other similar words, or statements that certain events or conditions "may", "will", "could", or "should" occur. Forward-looking statements in this release include statements regarding, among others, the Company's intentions with respect to the completion of the Imerys transaction and the receipt of required TSX Venture Exchange Approvals. All such forward-looking statements are based on assumptions and analyses made by management based on their experience and perception of historical trends, current conditions and expected future developments, as well as other factors they believe are appropriate in the circumstances. However, these statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected including, but not limited to, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of other parties to perform as agreed; social or labour unrest; changes in commodity prices; unexpected failure or inadequacy of infrastructure and the failure of ongoing and contemplated studies to deliver anticipated results or results that would justify and support continued studies, development or operations. Readers are cautioned not to place undue reliance on forward-looking information or statements.

Although the forward-looking statements contained in this news release are based on what management believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with them. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108971

News Provided by Newsfile via QuoteMedia

NGC:CA
Northern Graphite

Northern Graphite

Overview

Keep reading... Show less
Northern Graphite Announces Terms of Private Placement

Northern Graphite Announces Terms of Private Placement

Northern Graphite Corporation (TSXV: NGC) (OTC Pink: NGPHF) (the "Company" or "Northern") is pleased to provide the terms of the private placement (the "Private Placement") being conducted in connection with its 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").

Under the Private Placement, Northern, through a syndicate of agents led by Sprott Capital Partners LP (the "Lead Agent") and including Cormark Securities Inc., Canaccord Genuity Corp. and Tamesis Partners LLP (collectively with the Lead Agent, the "Agents"), will sell, on a commercially reasonable efforts private placement basis, up to 26,750,000 subscription receipts of the Company (the "Subscription Receipts") at a price of C$0.75 per Subscription Receipt to raise aggregate gross proceeds of approximately C$20 million. The Agents shall have the option, exercisable at any time prior to three business days before the closing date, to increase the size of the Private Placement by up to 4,012,500 Subscription Receipts under the same terms for additional gross proceeds of up to approximately C$3 million. Affiliates of the Sprott Group have indicated their intention to participate in the Private Placement through an investment of approximately $3.75 million in Subscription Receipts.

Keep reading... Show less
Northern Graphite Corporate and Market Update

Northern Graphite Corporate and Market Update

Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (the "Company" or "Northern") is pleased to provide the following year end corporate and market update following a very positive year for the Company. 2021 started with the completion of a $3 million financing, which included a half warrant at $0.45 per share. The share price subsequently performed well with the last trade at $0.83. The Company diversified its asset base by optioning the South Okak nickel-copper-cobalt project and testing continued to confirm that concentrates from the Bissett Creek project are of the highest quality and suitable for all applications, especially lithium ion batteries. The year culminated with the announcement that Northern has agreed to acquire two producing graphite mines from Imerys SA. This transaction will arguably transform Northern into the leading public natural graphite company and one that is well positioned to benefit from the projected growth in EV and battery markets.

Acquisition of Imerys' Natural Graphite Division

Keep reading... Show less
Northern Graphite to Acquire Two Graphite Mines from Imerys Group

Northern Graphite to Acquire Two Graphite Mines from Imerys Group

Company to become the only North American and third largest1 non-Chinese graphite producer

Join our Zoom call at 4 pm to hear CEO Greg Bowes answer questions about the Transaction
Click here to register

Keep reading... Show less
Northern Graphite Concentrates Demonstrate Excellent Performance in Battery Testing

Northern Graphite Concentrates Demonstrate Excellent Performance in Battery Testing

Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (the "Company" or "Northern") is pleased to announce that battery anode material ("BAM") manufactured from its Bissett Creek concentrates demonstrated excellent electrochemical performance during recent battery testing by ProGraphite in Germany. Testing showed that Northern's anode material can be charged to high values which remain stable with high Coulomb efficiency under various discharge conditions. ProGraphite concluded that Northern's anode material is very well suited for the manufacture of high capacity, durable, long-life lithium-ion batteries.

ProGraphite is one of the world's leading graphite R&D laboratories with several decades of professional expertise and experience. Its test results demonstrated that Bissett Creek BAM can be charged to lithiation values above 362 mAh/g which shows that the capacity of the batteries will be excellent. The delithiation (discharging) performance was also excellent as the batteries delivered stable, high values with a very high Coulomb efficiency under various test conditions. Northern's BAM also proved to be very robust. Even after charging/discharging several times at 10C (i.e. complete charging in only six minutes) and after many cycles, the Coulomb efficiency remained at a very high, constant level indicating almost no degradation of the anode material. This performance is better than many commercial natural or synthetic grades.

Keep reading... Show less

Nouveau Monde Receives Important A2 Sustainability Rating from Moody's for its Green "Mine-to-Battery-Materials" Business and Provides a General Business Update

  • Nouveau Monde receives the second-highest grade on the Sustainability Rating scale from Moody's ESG Solutions 1
  • Nouveau Monde is uniquely committed to supplying the EV and renewable energy industries with a Zero-Carbon Footprint anode material
  • Having produced samples at 99.99% purity in 2021, Nouveau Monde plans in 2022 to complete and ramp up its commercial Phase-1 anode materials facility in Bécancour and advance its 42,000 tpa Phase-2 battery material plant
  • The construction of the all-electric Matawinie graphite mine is continuing according to plan with the objective of supplying carbon-neutral graphite for the EV and battery markets
  • All the above initiatives successfully support Nouveau Monde's fully integrated and sustainable "mine-to-battery-materials" business model and maintaining the Company's industry-leading ESG profile

On the heels of a positive assessment of its ESG performance, Nouveau Monde Graphite Inc. ("Nouveau Monde" or the "Company") ( NYSE: NMG , TSXV: NOU ) releases its 2022 goals for its project and corporate development. The Company expects to complete the deployment of its Phase-1 operations in the first half of this year while further advancing the planning and construction of its Phase-2 Bécancour battery material plant and Matawinie graphite mine towards a targeted integrated production capacity of 42,000 tonnes per annum ("tpa") of carbon-neutral anode material for the growing lithium-ion battery market.

Following the issuance of its inaugural ESG Report , Nouveau Monde sought independent assessment of its sustainability performance. The Company is pleased to report that Moody's ESG Solutions has provided a Sustainability Rating of A2 (‘Robust'), the second-highest grade on its rating scale, to Nouveau Monde.

Keep reading... Show less
outline of electric vehicle charging

Graphite Outlook 2022: Demand from Battery Segment to Remain High

Click here to read the previous graphite outlook.

Graphite is an essential raw material used in electric vehicle (EV) batteries, and as sales of EVs grow, market watchers believe demand for the metal will surge.

Despite discussions about battery chemistry changes, many experts think graphite will remain a dominant element in EV batteries for at least the next decade. Both synthetic graphite and natural graphite, in the form of the intermediate product spherical graphite, are used in the anodes of lithium-ion batteries.

Here the Investing News Network (INN) looks at the key trends in the graphite market in 2021 and what the graphite outlook is for 2022, with commentary from experts in the space.

Keep reading... Show less
NextSource Materials Announces Factory Acceptance Testing of the Molo Graphite Mine Processing Plant is Complete and Preparations for Transport to Mine Site Have Initiated

NextSource Materials Announces Factory Acceptance Testing of the Molo Graphite Mine Processing Plant is Complete and Preparations for Transport to Mine Site Have Initiated

NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that Factory Acceptance Testing and final verification of equipment design specifications and end-to-end functions of the processing plant for Phase 1 of the Molo Graphite Mine (the "Processing Plant") is complete

The Processing Plant was designed and built using an all-modular approach and is capable of processing 240,000 tpa of ore and producing approximately 17,000 tpa of high-quality SuperFlake® graphite concentrate. Factory Acceptance Testing ("FAT") was the final validation step after the fabrication and assembly of the Processing Plant equipment and was completed by our Engineering, Procurement and Construction contractor in their off-shore assembly facility under the supervision of SGS, the world-leader in process plant testing, inspection, and process certification.

Keep reading... Show less

Nouveau Monde Appoints Bernard Perron as Chief Operating Officer in Preparation for the Scale Up of its Anode Material Production

Nouveau Monde Graphite Inc. ("Nouveau Monde" or the "Company") ( NYSE: NMG , TSXV: NOU ) announces the appointment of Bernard Perron to the position of Chief Operating Officer starting Monday, January 17, 2022. Mr. Perron will oversee Nouveau Monde's engineering, procurement, construction, operations, as well as environmental, health and safety ("EH&S") management for its integrated mine-to-battery-material business model.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220110005300/en/

Keep reading... Show less
Lomiko Announces Corporate Update, Investor Relations Representation and Membership in The Accelerate Alliance

Lomiko Announces Corporate Update, Investor Relations Representation and Membership in The Accelerate Alliance

Lomiko Metals Inc. (TSX.V:LMR) ("Lomiko Metals" or the "Company") is pleased to announce the following corporate updates as it builds on the significant momentum of its 2021 activities.

Belinda Labatte, CEO, stated: "We are pleased to start the year as the newest member of The Accelerate Alliance, committed to creating the collaborations necessary for a zero-emission vehicle supply chain in Canada. We need to be part of the conversation on manifesting a Made-in-Canada solution for the full spectrum of suppliers to the electric vehicle economy. Being a people-first and community-friendly company, we look forward to adding our voice to the conversation and representing the interests of Quebec and Canada with this alliance, and meeting the challenges and opportunities for upstream critical minerals enterprises."

Keep reading... Show less

Top Canadian Graphite Stocks

Click here to read the previous top Canadian graphite stocks article.

As the electric vehicle (EV) revolution continues to move forward, many market watchers expect increasing EV sales to drive demand for graphite, a key metal used in lithium-ion batteries.

Even though pricing for the commodity has been disappointing for some investors over the past few years, interest in graphite remains strong, and a number of Canadian graphite stocks saw impressive year-to-date gains in 2021.

Below is a look at 2021’s top graphite stocks on the TSX and TSXV. Data was obtained on December 29, 2021, using TradingView’s stock screener, and all companies listed had market caps above C$10 million at that time.

Keep reading... Show less

Latest Press Releases

Related News

×