Northern Graphite Announces Exercise of Warrants
Ottawa, Ontario--(Newsfile Corp. - March 25, 2021) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (the "Company" or "Northern") announces that 3,020,000 warrants that were due to expire on March 24, 2021 have been exercised at a price of $0.40 per share.
- Ottawa, Ontario--(Newsfile Corp. - March 25, 2021) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (the "Company" or "Northern") announces that 3,020,000 warrants that were due to expire on March 24, 2021 have been exercised at a price of $0.40 per share.
- This needs to change because the production of synthetic graphite has a very large environmental footprint and both it and the natural graphite market are dominated by China.
- There are very few graphite deposits located in countries, and owned by companies, that can meet the highest ESG standards.
- Forward-looking statements in this release include statements regarding, among others; economic and technical studies, graphite prices, project economics, permitting, the development timeline and the graphite market.