SJL

KCC Corporation Enters into Agreement to Fully Acquire Momentive Performance Materials Group

Retrieved on: 
Thursday, March 28, 2024

NISKAYUNA, N.Y. and SEOUL, South Korea, March 28, 2024 /PRNewswire/ -- Momentive Performance Materials group (Momentive), a global high-performance silicones and specialty solutions company, is expected to be fully acquired by KCC Corporation (KCC), its majority shareholder resulting in the exit of minority shareholder, SJL Partners LLC ("SJL").

Key Points: 
  • NISKAYUNA, N.Y. and SEOUL, South Korea, March 28, 2024 /PRNewswire/ -- Momentive Performance Materials group (Momentive), a global high-performance silicones and specialty solutions company, is expected to be fully acquired by KCC Corporation (KCC), its majority shareholder resulting in the exit of minority shareholder, SJL Partners LLC ("SJL").
  • "We're excited by the opportunities KCC's 100% ownership position will bring to Momentive and the broader KCC Corporation," said Momentive President and CEO Sam Conzone, Ph.D. "We look forward to continuing and expanding our partnership with the exceptional teams at KCC to continue providing specialized products to enable Solutions for a Sustainable World™."
  • "Momentive has a 75-year track record of developing and manufacturing silicones and specialty solutions," said Mong Jin Chung, Chairman, of KCC Group and Momentive.
  • "We deeply believe in the company's growth opportunity as it continues to help businesses across the world delight their customers with innovative solutions."

Nexeon Raises Over $200m to Fund Battery Materials Manufacturing

Retrieved on: 
Wednesday, August 3, 2022

Nexeon is already supplying a number of Tier 1 global battery manufacturers and OEMs.

Key Points: 
  • Nexeon is already supplying a number of Tier 1 global battery manufacturers and OEMs.
  • Erik Ripple, a Senior Vice President at Ingevity, has been appointed to the Nexeon board see separate announcement.
  • Nexeon (nexeon.co.uk) is a leading international developer and manufacturer of breakthrough silicon-based anode materials for rechargeable Lithium-ion batteries.
  • Nexeons battery materials enable rapid charging and extremely high energy density, making the battery lighter, smaller and more cost effective.

SAINT JEAN CARBON INC. ANNOUNCES NAME CHANGE TO VOLT CARBON TECHNOLOGIES INC.

Retrieved on: 
Friday, February 11, 2022

Calgary, Alberta, Feb. 11, 2022 (GLOBE NEWSWIRE) -- Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) a Canadian based company is pleased to announce that, effective Wednesday, February 16, 2022, its name will change to Volt Carbon Technologies Inc. and its stock trading symbol will change to VCT (the “Name Change”). The Company’s new CUSIP is 92873M102 and its new ISIN is CA92873M1023.

Key Points: 
  • NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
    Calgary, Alberta, Feb. 11, 2022 (GLOBE NEWSWIRE) -- Saint Jean Carbon Inc. (Saint Jean or the Company) (TSX-V: SJL) a Canadian based company is pleased to announce that, effective Wednesday, February 16, 2022, its name will change to Volt Carbon Technologies Inc. and its stock trading symbol will change to VCT (the Name Change).
  • The Companys new CUSIP is 92873M102 and its new ISIN is CA92873M1023.
  • The Name Change does not affect the rights of the Companys shareholders and no further action is required by existing shareholders.
  • Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Saint Jean Carbon Announces Closing of First Tranche of Private Placement for gross proceeds of $700,000

Retrieved on: 
Wednesday, February 2, 2022

Calgary, AB, Canada, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL), with reference to its previous news release dated January 24, 2022, is pleased to announce that on January 31, 2022 it closed the first tranche of the private placement today by placing an aggregate of 5,600,000 units (“Common Units”) at a price of $0.125 per Common Unit for gross proceeds of $700,000 (the “Offering”).

Key Points: 
  • The Company expects to close the second and final tranche of the Offering on or before February 11, 2022.
  • The Company intends to pay the 6% cash finders fee and issue the non-transferrable finder warrants concurrently with the final closing of the Offering.
  • FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Saint Jeans business and affairs.
  • Although Saint Jean believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that these expectations will prove to be correct.

Nexeon Raises Significant Funding to Scale-up Production of Step Change Battery Materials

Retrieved on: 
Wednesday, January 26, 2022

Through this transaction, Nexeon enters into a strategic partnership with SKC, a major global battery and semiconductor materials company, for volume manufacturing of its silicon anode materials.

Key Points: 
  • Through this transaction, Nexeon enters into a strategic partnership with SKC, a major global battery and semiconductor materials company, for volume manufacturing of its silicon anode materials.
  • The investment confirms Nexeon's position in the market and allows the company to deliver on its manufacturing and commercialization strategy.
  • Silicon is seen as the next major enabler for Li-ion batteries, and customers of Nexeon confirm that the company's materials deliver best-in-class battery performance in terms of fast charge, energy density and $/kWh cost.
  • "SKC is committed to implementing our ESG (Environmental, Social and Governance) policy, and we see silicon anode materials, and this strategic relationship with Nexeon, as a key step in delivering on our commitment."

SAINT JEAN CARBON ANNOUNCES $2,500,000 PRIVATE PLACEMENT

Retrieved on: 
Monday, January 24, 2022

Calgary, AB, Canada, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) is pleased to announce that is has entered into an Engagement Letter with Sixty Two Capital Pty Ltd. (“Sixty Two Capital” or the “Finder”) pursuant to which the Company intends to complete a non-brokered private placement of 20,000,000 units (each, a “Unit”) at a price of $0.125 per Unit for gross aggregate proceeds of $2,500,000 (the “Offering”).

Key Points: 
  • We believe Saint Jean Carbons Solid Lithium Battery Development and Graphite Air-Classification Program will enable the Company to establish itself as a leader in electrification technologies.
  • Saint Jean is a publicly traded carbon science company, with specific interests in energy storage and green energy creation and green re-creation, with holdings in graphite mining claims in the province of Quebec in Canada.
  • FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Saint Jeans business and affairs.
  • Although Saint Jean believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that these expectations will prove to be correct.

SAINT JEAN CARBON INC. AMENDS ITS JULY 31, 2021 MD&A

Retrieved on: 
Thursday, January 6, 2022

Calgary, Alberta, Canada, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) a Canadian based company announces that it has filed on SEDAR its amended and restated interim Management’s Discussion and Analysis (“MD&A”) for the period ended July 31, 2021 along with accompanying certifications.

Key Points: 
  • NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
    Calgary, Alberta, Canada, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Saint Jean Carbon Inc. (Saint Jean or the Company) (TSX-V: SJL) a Canadian based company announces that it has filed on SEDAR its amended and restated interim Managements Discussion and Analysis (MD&A) for the period ended July 31, 2021 along with accompanying certifications.
  • The refiling has occurred following a review conducted by the Alberta Securities Commission (the ASC) and the MD&A has been refiled to address comments received from the ASC and in order to improve the Companys disclosure.
  • Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SAINT JEAN CARBON REPORTS ON AGM AND PROVIDES AN OPERATIONAL UPDATE

Retrieved on: 
Thursday, December 30, 2021

Calgary, Alberta, Canada, Dec. 30, 2021 (GLOBE NEWSWIRE) -- Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) a Canadian based company announces the Voting Results from its Annual General and Special Meeting of the Shareholders (the “AGM”) held on December 28, 2021. The shareholders of the Company: (i) re-elected William Pfaffenberger, David Madill, Glen Nursey, V-Bond Lee and Zhongwei Chen to the Board of Directors; (ii) re-appointed Kenway Mack Slusarchuk Stewart LLP as the auditor of the Company; (iii) re-approved the Company’s 10% rolling stock option plan; and (iv) subject to TSX Venture Exchange approval, approved the proposed change of the Company’s name to Volt Carbon Technologies Inc.    The Company is pleased to confirm that in excess of 99.5% of the votes cast were voted in favour of item above.

Key Points: 
  • The Company is pleased to confirm that in excess of 99.5% of the votes cast were voted in favour of item above.
  • The Company is pleased to announce the Companys battery plant located in Guelph, Ontario has commenced production of prototype batteries.
  • FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Saint Jeans business and affairs.
  • Forward-looking information is provided as of the date of this press release, and Saint Jean assumes no obligation to update or revise them to reflect new events or circumstances, except as may be required under applicable securities legislation.

Saint Jean Carbon to Begin Trading on the OTCQB Under the Symbol TORVF

Retrieved on: 
Wednesday, December 15, 2021

Calgary, Alberta, Canada, Dec. 15, 2021 (GLOBE NEWSWIRE) -- Saint Jean Carbon Inc. (“SJC” or the “Company”), (TSXV: SJL) (OTCQB: TORVF) a mining and battery technology company, is pleased to announce that it has received approval to trade on the OTCQB® Venture Market (“OTCQB”) as of December 15, 2021. The Company will trade under the existing symbol TORVF on the OTCQB.

Key Points: 
  • The Company will trade under the existing symbol TORVF on the OTCQB.
  • The greater ease of trading will allow for more liquidity and activity for the Company.
  • The OTCQB Venture quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.
  • About SAINT JEAN CARBON INC.
    Saint Jean Carbon Inc.. isaCalgary/Guelph-based resource company focused on battery and mining technology.

Saint Jean Carbon Releases Test Data for Its Solid Electrolyte Battery Technology and Provides Operational Update

Retrieved on: 
Thursday, November 11, 2021

CALGARY, Alberta, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) a Canadian based company whose recently acquired wholly-owned subsidiary Solid Ultrabattery Inc. (“Solid Ultrabattery”), a company initially started by Dr Zhongwei Chen, Canada Research Chair and Professor from the University of Waterloo, is pleased to announce the release of its initial test data from batteries built using Solid Ultrabattery’s proprietary solid electrolyte battery.

Key Points: 
  • The results of 3000 charge/discharge cycles from Solid Ultrabatterys LiFePO4 coin cells is shown in the figures below.
  • As depicted in Figure 3 below, Solid Ultrabatterys cells were tested at C-rates varied between 0.5C to 10C.
  • It was observed that Solid Ultrabatterys cells did not catch fire or exhibit any thermal runaway during the safety testing.
  • In the next phase, we plan to refine our solid state electrolyte formulation and build pouch cells using NMC cathodes.