Volt Carbon Technologies Enters into Option Agreement with E-Power Resources

Volt Carbon Technologies Enters into Option Agreement with E-Power Resources

Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) (FSE: WNF) ("VCT") is pleased to announce that it has entered into an option agreement with E-Power Resources Inc. (CSE: EPR) ("EPR") (the "Agreement") for Volt to acquire an interest in EPR's Tetepisca Graphite Project, located in Northern Quebec (collectively, the "Property"), subject to approval by the TSX Venture Exchange ("TSX-V") and the Canadian Securities Exchange ("CSE").

Cannot view this image? Visit: https://images.newsfilecorp.com/files/9904/196827_voltcarbonlogo.jpg

Under the terms of the Agreement, EPR has agreed to: (i) grant Volt an option to acquire an undivided five percent (5%) interest in the Property that is exercisable until December 31, 2025 (the "Property Option"); and (ii) issue 6,800,000 shares of EPR to Volt (the "Shares"). As consideration for the Property Option and the Shares, Volt has agreed to expend $680,000 on the Property (the "Exploration Expenditures") prior to December 31, 2024. Should Volt choose to exercise the Property Option, in addition to the Exploration Expenditures, Volt will be required to make a cash payment of $1,500,000 to EPR.

"Establishing this option agreement with E-Power Resources for the Tetepisca Graphite Project aligns well with Volt's strategy to increase its access to graphite resources. Our objective is to scale up and capitalize on our exclusive dry processing methods for the sustainable purification of graphite, specifically tailored for battery anode applications. We are excited about the prospects this collaboration brings, particularly within this geographic region, and reassert our commitment to advancing sustainable solutions in the energy storage and green energy sectors." - V-Bond Lee, CEO of Volt Carbon Technologies

About Volt Carbon Technologies
Volt Carbon is a publicly traded carbon science company, with specific interests in energy storage and green energy creation, with holdings in mining claims in the provinces of Ontario, Quebec and British Columbia in Canada. For the latest information on Volt Carbon's properties and news please refer to the website www.voltcarbontech.com.

On behalf of the Board of Directors,

Volt Carbon Technologies Inc.
V-Bond Lee, P. Eng.
CEO, President, Chairman of the Board and Director

Information Contact :
Email: info@voltcarbontech.com
Tel: (647-546-7049)

Neither 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.

FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Volt Carbon's business and affairs. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "intends" "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Such forward-looking statements include those with respect to: (i) receipt of the approval of the TSX-V and CSE for the Agreement; (ii) Volt's intention to make the Exploration Expenditures prior to December 31, 2024; (iii) the ability of Volt to make the $1,500,000 cash payment to EPR should Volt choose to exercise the Property Option and (iv) Volt's objective to scale up and capitalize on its exclusive dry processing methods for the sustainable purification of graphite, specifically tailored for battery anode applications.

Statements of past performance should not be construed as an indication of future performance. Forward-Looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors, including those discussed above, could cause actual results to differ materially from the results discussed in the forward-looking statements. Any such forward-looking statements are expressly qualified in their entirety by this cautionary statement.

All of the forward-looking statements made in this press release are qualified by these cautionary statements. Readers are cautioned not to place undue reliance on such forward-looking statements. Forward-Looking information is provided as of the date of this press release, and Volt Carbon assumes no obligation to update or revise them to reflect new events or circumstances, except as may be required under applicable securities legislation.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/196827

News Provided by Newsfile via QuoteMedia

EPR:CC
E-Power Resources

E-Power Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
E-Power Resources (CSE:EPR)

E-Power Resources

E-Power Resources

E-Power Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Strengthening the North American Graphite Supply Chain

E-Power Provides Management Update

E-Power Provides Management Update

E-Power Resources Inc. (CSE: EPR) ("E-Power" or the "Company") is pleased to report the appointment of Alexander Haffmans to the Board of Directors.Michael Danielsson, Director of E-Power commented: Mr. Haffmans is a serial entrepreneur and businessman from Amsterdam, The Netherlands.... Keep Reading...
E-Power Expands Targets on The Tetepisca Flake Graphite Property; Samples 68.7% Cg at The Priority Graphi-Centre Target Area

E-Power Expands Targets on The Tetepisca Flake Graphite Property; Samples 68.7% Cg at The Priority Graphi-Centre Target Area

E-Power Resources Inc. (CSE: EPR) ("E-Power" or the "Company") is pleased to report results from Phase 1 of the 2025 Exploration Program being completed on the Tetepisca Flake Graphite Property located in the North Shore region of Quebec. Highlights of results include:Several high grade (> 10%... Keep Reading...
E-Power Resources Inc. Announces Board Changes and Additional Staking

E-Power Resources Inc. Announces Board Changes and Additional Staking

E-Power Resources Inc. (CSE: EPR) (FSE: 8RO) ("E-Power" or the "Company") announces that William Pfaffenberger has retired from the Board of Directors ("Board"), effective immediately.The Company wishes to thank Dr. Pfaffenberger for his dedicated service and valuable contributions to the... Keep Reading...
E-Power Resources Inc. Announces Closing of Oversubscribed Hard Dollar and Flow-through Private Placements

E-Power Resources Inc. Announces Closing of Oversubscribed Hard Dollar and Flow-through Private Placements

E-Power Resources Inc (CSE: EPR) (FSE: 8RO) ("E-Power" or the "Company") announces that it has closed the hard dollar private placement (the "Hard Dollar Private Placement") and flow-through private placement (the "Flow-Through Private Placement") previously announced on June 11, 2025.An... Keep Reading...
E-Power Resources Inc. Announces Flow-Through and Hard Dollar Private Placements to Fund Summer Work Program

E-Power Resources Inc. Announces Flow-Through and Hard Dollar Private Placements to Fund Summer Work Program

E-Power Resources Inc (CSE: EPR) (FSE: 8RO) ("E-Power" or the "Company") announces its intention to complete a flow-through non-brokered private placement to raise gross proceeds of up to $150,000 (the "FT Offering"). The Company will also complete a Hard Dollar Private Placement to raise gross... Keep Reading...
E-Power Resources

E-Power Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News