Focus Graphite Inc. (TSXV:FMS) talks about "making history" with the Company's offtake agreement with an end user.
Graphite Company News Directory
Saint Jean Carbon (TSXV:SJL) CEO Paul Ogilvie says “As a developer of low cost lump graphite and products, Saint Jean believes it will be extremely well positioned to take advantage of these new opportunities”, on Tesla Motors’ recent announcement to build a $5bn Gigafactory. Tesla’s lithium-pin batter factory could potentially increase natural graphite demand by up to 37% per year.
Syrah Resources (ASX:SYR) announced a Memorandum of Understanding for an offtake agreement with China Aluminum International Engineering Corporation Limited (Chalieco). Under the agreement, Chalieco will buy 80,000 - 100,000 tonnes of flake graphite and an amount of >98% V2O5 chemical powder or flake products to be determined.
Lomiko Metals Inc. (TSXV:LMR) received a final receipt for its short form prospectus in each of the provinces of British Columbia, Alberta and Ontario. The Prospectus qualifies the distribution of (i) a minimum of 6,818,182 units (the "Units") and a maximum of 27,272,727 Units of the Company at a price of $0.11 per Unit, and (ii) a maximum of 7,692,308 flow-through units of the Company at a price of $0.13 per Flow-Through Unit, for minimum total gross proceeds of $750,000 and maximum total gross proceeds of $4,000,000.
Syrah Resources (ASX:SYR) is in a trading halt session state until March 10, 2014, pending a news release.
Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) announced the terms of the offtake agreement with a Chinese industrial conglomerate. The Agreement binds the parties to a minimum purchase of 20,000 tonnes per year of future production from Focus Graphite’s Lac Knife graphite property.
Shield Gold Inc. (TSXV:SHG), operating as Great Lakes Graphite, announced yesterday that it has signed a definitive purchase agreement under which it will acquire Rock Tech Lithium Inc.'s (TSXV:RCK) Quebec-based Lochaber graphite deposit.
Alabama Graphite Corp. (CNSX:ALP) announced assay results from samples taken at its Coosa Graphite Project in Alabama.
Big North Graphite Corp. (TSXV:NRT) has appointed Mr. Daniel R. Bleak as a Director and Chairman of its Board of Directors.