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South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV: STS) (OTCQB: STSBF), is pleased to announce that it has entered into a Letter of Intent ("LOI") with Graphex Group Limited ("Graphex") for up to 50,000 tonnes of natural flake graphite concentrate over a period of five years for the Santa Cruz Graphite Project in Brazil and the Ceylon Graphite Project in Alabama ("Projects"). The parties have agreed in the LOI to negotiate a binding offtake agreement ("Offtake Agreement") within 60 days of signing the LOI. The LOI was signed on March 22, 2022 and terms and conditions of the agreement are confidential.

The concentrate tonnages associated with this Offtake Agreement will be directed towards the uncoated and coated spherical graphite (SPG) markets used in Lithium-ion batteries ("LiB"). Graphex is a global leader in the industry and has been proficient in producing spherical graphite anode material for Li-ion batteries in Electric Vehicles (EVs) and other use cases in Jixi, China since 2008 and transacting commercially since 2013.

Richard Pearce, CEO of South Star, said, "We are pleased to be forming this strategic partnership with Graphex and look at this as the start of a long-term relationship. South Star has high-quality, scalable graphite assets that are coming on-line in the very near-term, and we will be the first new graphite production in the Americas in over a decade. Our concentrates have been tested for LiB applications and performed exceptionally well. Graphex has been producing uncoated and coated SPG for years in China, has deep commercial relationships in this sector and is expanding into new strategic jurisdictions such as North America. We look forward to partnering with Graphex to provide high-quality products soon for clients in strategic locations around the world. Secure supply chains are the key to the world's ability to execute on the exciting energy transition revolution underway, and South Star is pleased to be part of this paradigm shift."

"We are excited to sign this LOI and move toward this strategic offtake agreement with South Star at this critical time in the evolution of EV battery supply chains," said John DeMaio, President of the Graphene Division of Graphex. "With demand for natural graphite anode material predicted to significantly increase year over year to keep pace with EV projections, new sources of raw materials from diverse geographical regions will be essential for stable, predictable supply chains. We see this agreement with South Star as a key element in our global expansion and diversification strategy and we look forward to the prospect of processing graphite concentrate from South Star's resources in Brazil and the U.S into high quality anode material for use in the EV battery ecosystem."

ABOUT South Star Battery Metals CORP

South Star Battery Metals Corp. is a Canadian battery metals project developer focused on the selective acquisition and development of near-term production projects in the Americas. South Star's Santa Cruz Graphite Project, located in Southern Bahia, Brazil is the first of a series of industrial and battery metals projects that will be put into production. Brazil is the second-largest graphite-producing region in the world with more than 80 years of continuous mining. Santa Cruz is fully licensed and construction ready for Phase 1 operations with at-surface mineralization in friable materials, and successful large-scale pilot-plant testing (>30t) has been completed. The results of the testing show that approximately 65% of Cg concentrate is +80 mesh with good recoveries and 95%-99% Cg. With excellent infrastructure and logistics, South Star is carrying its development plan towards Phase 1 production projected in Q1 2023, pending financing.

South Star's next project in the pipeline is a development project in Alabama located in the middle of a developing electric vehicle, aerospace and defence hub in the southeastern United States. The Project is a historic mine active during World Wars I & II. Trenching, sampling, analysis and preliminary metallurgic testing has been completed. The testing indicated a traditional crush/grind/flotation concentration circuit achieved grades of approximately 96-97% with approximately 86% recoveries. and South Star is executing on it's plan to create a multi-asset, diversified battery metals company with near-term operations in strategic jurisdictions. South Star trades on the TSX Venture Exchange under the symbol STS, and on the OTCQB under the symbol STSBF.

South Star is committed to a corporate culture, project execution plan and safe operations that embrace the highest standards of ESG principles based on transparency, stakeholder engagement, ongoing education and stewardship. To learn more, please visit the Company website at http://www.southstarbatterymetals.com .

This news release has been reviewed and approved by Richard Pearce, P.E., a "Qualified Person" under National Instrument 43-101 and President and CEO of South Star Battery Metals.

On behalf of the Board,

Mr. Richard Pearce
Chief Executive Officer

For additional information, please contact:

South Star Investor Relations (Canada IR)
Email: invest@southstarbatterymetals.com

RBMG – RB Milestone Group LLC (IR US)
Trevor Brucato, Managing Director
Email: southstar@rbmilestone.com

Twitter: https://twitter.com/southstarbm
Facebook: https://www.facebook.com/southstarbatterymetals
LinkedIn: https://www.linkedin.com/company/southstarbatterymetals/
YouTube: South Star Battery Metals - YouTube

CAUTIONARY STATEMENT

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

This news release and the Updated Technical Report contain references to inferred resources. The Report is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves.

FORWARD-LOOKING INFORMATION

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements".

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.



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South Star Battery Metals Announces Closing of Non-Brokered Private Placement

South Star Battery Metals Announces Closing of Non-Brokered Private Placement

South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV: STS) (OTCQB: STSBF), is pleased to announce that it has completed a non-brokered private placement of units (the "Private Placement" or the "Offering") for total proceeds of C$1,906,990. The majority of participation in the Private Placement was with key institutional investors and insiders. Net proceeds from the Private Placement will be used for advanced materials sample preparation, commercial agreements, project finance and general working capital requirements for the Company.

The Private Placement consists of 3,467,254 units priced at post-consolidation price of C$0.55 per unit (the "Units"). Each Unit consists of one (1) common share and one (1) common share purchase warrant (the "Warrants"). Each Warrant entitles the holder to purchase one additional common share of the Company at an exercise price of C$1.25 per common share for a period of five years from the date of issue. The securities are subject to a four-month hold period from the date of closing and approval by the TSXV, expiring October 24, 2022.The Company issued an aggregate of 1,636 finders' warrants in connection with the Private Placement (equal to 6% of the number of Units sold to subscribers introduced to the Company by the finders) and $54,300 in cash finders' fees were paid to certain finders (equal to 6% of the gross proceeds of the offering sold to subscribers introduced to the Company by the finders).

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South Star Battery Metals Announces Effective Date of Consolidation

South Star Battery Metals Announces Effective Date of Consolidation

South Star Battery Metals Corp. (" South Star " or the " Company ") (TSXV: STS) (OTCQB: STSBF) announces that it is proceeding with its previously announced share consolidation on the basis of five (5) pre-consolidation common shares for one (1) new post-consolidation common share (the " Consolidation "). Effective at market open on Wednesday, June 22, 2022, the Company's common shares will commence trading on a post-consolidation basis. The Company's name and trading symbol will remain unchanged.

The Consolidation will reduce the number of common shares issued and outstanding from 102,533,520 to approximately 20,506,704 common shares after rounding adjustments. No fractional common shares will be issued as a result of the Consolidation. All fractional shares resulting from the Consolidation will be rounded down to the nearest whole number and the fractional share will be cancelled.

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South Star Battery Metals Announces Repricing of Non-Brokered Private Placement

South Star Battery Metals Announces Repricing of Non-Brokered Private Placement

South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV: STS) (OTCQB: STSBF), is announcing that it is repricing the previously announced (May 19, 2022) non-brokered private placement of units (the "Private Placement" or the "Offering") to raise approximately C$2,000,000 in order to better reflect the current market conditions for common shares of the Company. On a pre-consolidation basis, the Offering will be repriced from C$0.15 per unit (the "Units") to C$0.11 per unit and consist of approximately 18,181,818 Units. Each Unit will consist of one (1) common share and one (1) common share purchase warrant (the "Warrants"). Each Warrant will entitle the holder to purchase one additional common share of the Company at an exercise price of C$0.25 per common share for a period of five years from the date of issue.

All other terms and conditions of the Offering remain unchanged. The closing of the Offering is subject to customary conditions, including the receipt of all necessary approvals, including the approval of the TSX Venture Exchange (the "TSXV"). The Company may pay finders' fees under the offering in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The securities will be subject to a four-month hold period from the date of closing. The Private Placement is subject to a 25% over-allotment option and to an acceleration clause. See below for further details.

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South Star Battery Metals Announces Proposed Joint Venture with Graphex Technologies, LLC to Develop a Manufacturing and Processing Facility for Battery Anode Material

South Star Battery Metals Announces Proposed Joint Venture with Graphex Technologies, LLC to Develop a Manufacturing and Processing Facility for Battery Anode Material

South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV: STS) (OTCQB: STSBF), is pleased to announce the signing of a Letter of Intent ("LOI") with Graphex Technologies, LLC ("Graphex") to jointly develop a manufacturing and processing facility for battery anode material. The parties intend to develop a definitive agreement by October 31, 2022 to share expertise and technology for the design, construction and operations of a battery anode material processing facility. Graphite feed stock is expected to be provided by South Star's Santa Cruz Graphite Mine in Brazil and Ceylon Graphite Mine in the United States. The goals of the joint venture are to have a centrally located, vertically integrated supply chain for active battery anode and value-added materials supplied by two high-quality, scalable graphite operations in two strategic and stable jurisdictions in the Americas. The Companies previously announced a LOI to pursue a binding 5-year offtake agreement (March 24 th 2022)

Richard Pearce, CEO of South Star, said, "We are breaking ground on Santa Cruz Graphite Mine in June, 2022 and have commercial production planned for Q2 of 2023. The Ceylon Project in Alabama is advancing well, and we are starting metallurgy and battery testing programs. We are pleased to be further developing a long-term, strategic relationship with Graphex at a critical moment in the energy transition revolution. Graphex has been producing and selling high-quality battery anode material for a long time, and similar to us, looking to expand operations in the US. South Star believes that the only way to meet the growing demand is for experienced companies to develop strategic partnerships that accelerate the vertically integrated production of high-quality products that can be consistently delivered in a responsible and profitable manner. This partnership will benefit both parties and allow us to quickly deliver critical battery anode and other value add materials for clients in strategic locations around the world. Reliable, secure supply chains are the key to the world's ability to execute on the exciting energy transition revolution underway, and South Star is pleased to be part of this paradigm shift."

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South Star Battery Metals Announces Non-Brokered Private Placement and Share Consolidation

South Star Battery Metals Announces Non-Brokered Private Placement and Share Consolidation

South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV: STS) (OTCQB: STSBF), is pleased to announce that it intends to complete a non-brokered private placement of units (the "Private Placement" or the "Offering") to raise approximately C$2,000,000. Concurrently, the Company plans to consolidate its common shares on the basis of one (1) post-consolidation common share for every five (5) pre-consolidation common shares (the "Consolidation"). The closing of the Offering and the Consolidation are subject to customary conditions, including the receipt of all necessary approvals, including the approval of the TSX Venture Exchange (the " T SXV").

Private Placement

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Mason Graphite Files Management Information Circular for Special Shareholders' Meeting

  • Special Meeting called to consider and vote on the Proposed JV Transaction with Nouveau Monde Graphite
  • Shareholders also to consider and vote on a proposed change of business of Mason Graphite from a "Tier 2 mining issuer" to a "Tier 2 investment issuer"
  • Board recommends that shareholders vote FOR the Proposed JV Transaction with Nouveau Monde Graphite and the Proposed Change of Business

Mason Graphite Inc. (" Mason Graphite " or the " Company ") (TSX-V: LLG) (OTCQX: MGPHF) today announced that it has filed and is in the process of mailing the management information circular (the " Circular ") and related materials for the special meeting (the " Special Meeting ") of shareholders of Mason Graphite (" Shareholders ") called for the following purposes:

(i) to consider and, if deemed advisable, to pass an ordinary resolution (the " JV Resolution ") approving, among other things, the entering into of an option and joint venture agreement with Nouveau Monde Graphite Inc. (" Nouveau Monde ") (NYSE: NMG) (TSX-V: NOU), pursuant to which (A) Mason Graphite will grant to Nouveau Monde a sole, exclusive, irrevocable and non-assignable option to acquire a fifty-one percent (51%) undivided co-ownership interest in the Lac Guéret property owned by the Company (the " Lac Guéret Property ") and other related assets (the " Option ") and, (B) upon the exercise of such Option by Nouveau Monde, form of a joint venture with Nouveau Monde to undertake exploration, development and mining activities at the Lac Guéret Property (the " Joint Venture ") (the granting of the Option and the formation of the Joint Venture being hereinafter referred to as the " Proposed JV Transaction ") pursuant to Policy 5.3 – Acquisitions and Dispositions of Non-Cash Assets of the TSX Venture Exchange (the " TSX-V ");

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Battery Mineral Resources Announces Annual General and Special Meeting of Shareholders

Battery Mineral Resources Announces Annual General and Special Meeting of Shareholders

Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) ("Battery" or "BMR" or the "Company") is pleased to announce that its Annual General and Special Meeting ("AGM") will be held virtually on June 28th, 2022, at 4:00 p.m. EDT 1:00 p.m. PST.

Shareholders of record as of May 24th, 2022, are entitled to vote their common shares of the Company ("Common Shares") at the AGM. The Company encourages its shareholders to vote in advance of the AGM using the Voting Instruction Form or the Form of Proxy that were mailed to them with the meeting materials. Shareholders are reminded that proxies must be received by 4:00 p.m. EDT / 1:00 p.m. PST on June 24th, 2022. Copies of the meeting materials are available under Battery's SEDAR profile at www.sedar.com.

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Altech Chemicals Ltd Silumina Anodes Pilot Plant Construction Contract Executed

Perth, Australia (ABN Newswire) - Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to announce that following a site visit this week by Altech's senior management in Saxony, Germany, a final construction contract for the Silumina AnodesTM pilot plant with Kuttner GmbH & Co. KG (Kuttner) was executed.

Highlights

- Silumina AnodesTM pilot plant construction contract executed with Kuttner GmbH & Co

- Final plant engineering design and cost estimation completed

- Strong experience in delivering metallurgical plant projects

- Long lead items procurement has already commenced

German engineering firm Kuttner has completed the final plant engineering design and cost estimation.

The Basic Engineering phase has confirmed key design parameters, locking in key equipment capacities and validating operational criteria. Kuttner will immediately commence the procurement process, and construction of the pilot plant will follow when equipment begins arriving towards the back end of this year.

The pilot plant is designed to produce 120kg per day of Silumina AnodesTM coated battery anode material, which will be made available to selected European battery manufacturers and auto-makers. The pilot plant will be established in Dock3 (leased warehouse space), next door to Altech's land in Schwarze Pumpe Industrial Park in Saxony, Germany.

Altech, with its cash position at the end of March 2022 of A$11.571 million, is well funded to construct and complete the pilot plant. The pilot plant is estimated to cost A$7.177 million, of which A$5.382 million will be funded by Altech (75% owner) and A$1.794 million will be funded by Altech Advanced Materials AG (25% owner).

Kuttner is a German-based industrial plant engineering and EPC contractor, with strong experience in design, procurement, project and construction management and plant commissioning across a range of industries. They have previously completed metallurgical plant, water and off-gas treatment projects in Germany. Kuttner bringing valuable local knowledge to the execution of the project.



About Altech Chemicals Ltd:

Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (Al2O3) through the construction and operation of a 4,500tpa high purity alumina (HPA) processing plant at Johor, Malaysia. Feedstock for the plant will be sourced from the Company's 100%-owned kaolin deposit at Meckering, Western Australia and shipped to Malaysia.

HPA is a high-value, high margin and highly demanded product as it is the critical ingredient required for the production of synthetic sapphire. Synthetic sapphire is used in the manufacture of substrates for LED lights, semiconductor wafers used in the electronics industry, and scratch-resistant sapphire glass used for wristwatch faces, optical windows and smartphone components. Increasingly HPA is used by lithium-ion battery manufacturers as the coating on the battery's separator, which improves performance, longevity and safety of the battery. With global HPA demand approximately 19,000t (2018), it is estimated that this demand will grow at a compound annual growth rate (CAGR) of 30% (2018-2028); by 2028 HPA market demand will be approximately 272,000t, driven by the increasing adoption of LEDs worldwide as well as the demand for HPA by lithium-ion battery manufacturers to serve the surging electric vehicle market.



Source:
Altech Chemicals Ltd

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NMG Starts Commissioning its Coating Line Completing its Integrated Anode Material Production & Discloses Annual General Meeting Voting Results

  • Construction of NMG's coating unit essentially completed safely and on budget; cold commissioning is now underway.
  • The only operational integrated North American natural graphite production, from mine to battery material: NMG now has the facilities to fully support the anode material qualification with its potential customers.
  • The coating line completes the development of NMG's Phase 1, providing a strong foundation for the scale up to full commercial operations for 100,000 tpa of high-purity flake graphite at the Matawinie Mine and 42,000 tpa of CSPG at the Bécancour Battery Material Plant.

Nouveau Monde Graphite Inc. ("NMG", "Nouveau Monde" or the "Company") ( NYSE: NMG , TSXV: NOU ) held yesterday its hybrid Annual General and Special Meeting of Shareholders (the "Meeting") from its Phase-1 plant in Saint-Michel-des-Saints, an occasion to showcase its brand-new coating line with a nameplate capacity of 2,000 tonnes per annum ("tpa"). Completing the Company's integrated anode material production, from ore to battery material, the coating module was built over H1-2022 to complement NMG's portfolio of advanced materials.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220617005219/en/

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Altech Chemicals: Silicon in Graphite Anodes for Higher Energy Density Batteries

Altech Chemicals (ASX:ATC, FRA:A3Y) advances clean energy electric vehicle battery storage through its patented high-purity alumina (HPA) coating process for silicon and graphite has “cracked the silicon barrier” by solving the first-charge problem and other challenges that have hindered other companies’ attempts. As a result, Altech Chemicals has produced batteries that have a 30 percent higher energy density than current lithium-ion batteries, which means improved energy storage and a longer battery lifespan.

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Altech Chemicals

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