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Volt Carbon Technologies Announces Closing of First Tranche of Private Placement for Gross Proceeds of $100,000
Calgary, Alberta--(Newsfile Corp. - August 12, 2025) - Volt Carbon Technologies Inc. (TSXV: ...
About this update from Volt Carbon Technologies Inc
[{"type":"text","content":"Volt Carbon Technologies Announces Closing of First Tranche of Private Placement for Gross Proceeds of $100,000Calgary, Alberta--(Newsfile Corp. - August 12, 2025) - Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) (\"Volt Carbon\" or the \"Company\"), is pleased to announce that it has closed the first tranche of the private placement (the \"Offering\") announced on July 31st, 2025, by issuing an aggregate number of 5,000,000 units (\"Units\") at a price of $0.02 per Unit for gross proceeds of $100,000 (the \"First Tranche\").Each Unit consists of one (1) common share in the capital of the Company and one (1) common share purchase warrant (each a \"Warrant\"). Each Warrant entitles the holder to acquire one (1) additional common share in the capital of the Company (each a \"Warrant Share\") at an exercise price of $0.05 per Warrant Share for a period of 24 months from the date of issuance. All securities issued under the First Tranche will be subject to a four month and one day hold period. No finder's fee were paid in connection with the closing of the First Tranche. The Company expects to close the second tranche of the Offering on or before Sept 10, 2025, subject to TSXV approval. About Volt Carbon TechnologiesVolt Carbon is a publicly traded carbon science company, with specific interests in energy storage and green energy creation, with holdings in mining claims in the provinces of Ontario, Quebec and British Columbia in Canada. For the latest information on Volt Carbon's properties and news, please refer to the website www.voltcarbontech.com.On behalf of the Board of Directors,Volt Carbon Technologies Inc.V-Bond Lee, P. Eng.CEO, President, Chairman of the Board and DirectorInformation Contact:Email: [email protected]: (519-763-1197)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.FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Volt Carbon's business and affairs. In certain cases, forward-looking statements can be identified by the use of words such as \"plans\", \"expects\" or \"does not expect\", \"intends\" \"budget\", \"scheduled\", \"est...