Welcome to our dedicated page for VOLT CARBON TECHNOLOGIES news (Ticker: TORVF), a resource for investors and traders seeking the latest updates and insights on VOLT CARBON TECHNOLOGIES stock.
Volt Carbon Technologies Inc. (TORVF) drives innovation in sustainable carbon science through mineral exploration, eco-friendly graphite processing, and advanced battery technology development. This news hub provides investors and industry observers with essential updates on the company’s progress across its core operational areas.
Access authoritative coverage of TORVF’s financial announcements, technological breakthroughs, and strategic partnerships. Our curated collection includes:
• Financial disclosures: Earnings reports and capital allocation updates
• Exploration milestones: Mining claim developments and resource assessments
• Technology advancements: Battery electrolyte innovations and dry separation process enhancements
• Strategic collaborations: Partnerships accelerating green energy solutions
Bookmark this page for streamlined access to TORVF’s evolving position in sustainable mining and energy storage markets. Regular updates ensure you maintain current awareness of the company’s contributions to graphite processing efficiency and low-environmental-impact battery components.
Volt Carbon Technologies (OTCQB: TORVF) announced that its subsidiary, Solid Ultrabattery Inc., successfully applied for funding from the DAIR Green Fund. The initiative, supported by the Government of Canada, aims to develop lithium-ion batteries for small drone applications, with DAIR covering 75% of the project costs, up to $75,000. The project is expected to be completed by March 31, 2024, focusing on a 5Ah cell for drones weighing less than 1 kg. CEO V-Bond Lee expressed excitement over the potential for commercialization, while the Minister of FedDev Ontario highlighted the project's contribution to sustainable innovation in the aerospace industry.
Volt Carbon Technologies Inc. (OTCQB: TORVF) announced a non-brokered private placement of up to 12,000,000 Units at $0.08 each, aiming for gross proceeds of up to $960,000. Each Unit consists of one common share and one warrant, which can be exercised at $0.16 for 24 months. The funds will be used for outstanding payables, equipment purchases, mineral claim evaluations, and working capital. A finder’s fee of 8% may be paid to eligible finders. The offering is subject to regulatory approval, with expected closing around March 31, 2023.
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