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Volt Carbon Technologies Inc. develops dry mineral separation and air classification technology for graphite processing and advanced carbon materials. Company news commonly covers its proprietary dry separation platform, patent activity, graphene and expandable graphite development, lithium-metal battery research, and customer evaluation work at its Guelph operations. Updates also address technical work involving graphite purification, battery materials, metal-organic framework electrolyte applications, and selected mineral property data, along with capital actions such as private placements and stock option grants.
Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) has extended the private placement deadline to May 31, 2024, for up to 10,000,000 Units at $0.07 per Unit, aiming for gross proceeds of $700,000. Options of 500,000 and 3,000,000 have been granted to employees, consultants, and Directors at exercise prices of $0.08 and $0.12, expiring on May 9, 2029.
Volt Carbon Technologies Inc. releases test results for its high energy density Lithium (Li)-metal Iron Phosphate battery and provides an operational update, showcasing an industry-leading 280Wh/kg energy density for the cathode type, which can impact battery competitiveness for electric vehicles and devices. The company aims to surpass 800 cycles and achieve an 80% capacity threshold by the end of 2024. The Lithium Iron Phosphate (LFP) battery technology advancements mark a significant step forward in the company's strategic roadmap outlined until 2030.
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