Mr. V-Bond Lee reports
VOLT CARBON TECHNOLOGIES ANNOUNCES EXTENSION AND INCREASE OF PRIVATE PLACEMENT
Volt Carbon Technologies Inc., with reference to its prior news releases dated April 14, 2025, and May 22, 2025, has obtained approval from the TSX Venture Exchange to increase the size of its non-brokered private placement to 17.5 million units at a price of two cents per unit, for gross proceeds of up to $350,000. The company has also received approval to extend the deadline for the final closing of the private placement to June 27, 2025.
Each unit consists of one common share and one common share purchase warrant. The closing of the offering remains subject to customary conditions and regulatory approvals, including the final approval of the TSX-V. At this time there are no anticipated finder's fee associated with the offering.
The company intends to use the proceeds of the offering to advance its battery and mineral separation technologies, pay outstanding payables and for general working capital purposes.
About Volt Carbon Technologies Inc.
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.
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