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Northern Graphite Enters Into Agreements for Intellectual Property Transactions
Enters into agreement to acquire carbon material processing intellectual property previously lice...
About this update from Northern Graphite Corporation
[{"type":"text","content":"Northern Graphite Enters Into Agreements for Intellectual Property TransactionsEnters into agreement to acquire carbon material processing intellectual property previously licensed from Heraeus to develop, produce and sell Porocarb® Acquisition will enable Northern to enter into agreements for commercial production of the carbon material processing technology Acquisition will allow Northern to license the carbon material processing technology to third parties for short- and long-term royalty revenuesNorthern enters into agreement to license its carbon material processing technologyOttawa, Ontario--(Newsfile Corp. - June 26, 2025) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the \"Company\" or \"Northern\") is pleased to announce it has entered into agreements for certain intellectual property transactions related to its carbon material processing technology as it looks to finance its integrated growth strategy and focus efforts on natural graphite. Almost a year after the Company licensed the carbon material processing technology for synthetic carbon and launched the Northern Graphite Battery Materials Group to spearhead its ambition to become an integrated mine-to-battery company, the Company has signed an agreement to acquire the patents, trademarks and other intellectual property of the carbon material processing technology previously licensed from Heraeus to develop, produce and sell Porocarb®, giving it complete control of the technology.The Northern group has also entered into an agreement to license its carbon material processing technology for synthetic carbon to an arm's length third party for industrial applications.\"Since the launch of our Battery Materials Group in January of last year, we have significantly advanced plans to scale the development, production, and commercialization of the carbon material processing technology related materials with our customers and partners,\" said Northern Chief Executive Officer Hugues Jacquemin. \"In acquiring the intellectual property, our strategy is to establish development agreements with our customers and license the technology to third parties to generate revenue and speed access to market.\"In a first phase under the license of its carbon material processing technology, Northern group will receive a technology transfer and e...