13:49:32 EDT Thu 28 Mar 2024
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Saint Jean Carbon Inc
Symbol SJL
Shares Issued 101,034,457
Close 2015-10-06 C$ 0.04
Market Cap C$ 4,041,378
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Saint Jean says graphene tests may not be 100% accurate

2015-10-07 14:00 ET - News Release

Mr. Paul Ogilvie reports

SAINT JEAN CARBON PROVIDES UPDATE ON THE GRAPHENE PROJECT

Saint Jean Carbon Inc. has provided an update on the company's graphene project results. Last week, Saint Jean Carbon, in a press release issued on Oct. 1, 2015, stated it had received a grant from NSERC (National Science and Engineering Research Council of Canada) and that the company would issue the results of the research on Oct. 6, 2015. However, one of the magnetic nanolevel tests on the graphene has returned results leaving a very small chance that the measurements may not be 100 per cent accurate. Measuring a magnetic field at this level is very difficult. As the material is believed to be a first of its kind, the company feels the conservative approach to assure the utmost of accuracy is in the best interest of the project and will help better understand the unique qualities of the material in the future. The team has determined that a different method of atomic-level measurement must be obtained. The graphene will be sent out to a third party for testing. It is expected to take about seven days for the test. When the results are available, the company will issues the final results. The company thanks its shareholders for their patience. Dr. Don MacIntyre, the company's geologist, PGeo, qualified person, has reviewed and approved the technical and scientific information in this release.

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