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Volt Carbon Technologies Announces $175,000 Placement
Calgary, Alberta--(Newsfile Corp. - December 23, 2025) - Volt Carbon Technologies Inc. (TSXV...
About this update from Volt Carbon Technologies Inc
[{"type":"text","content":"Volt Carbon Technologies Announces $175,000 PlacementCalgary, Alberta--(Newsfile Corp. - December 23, 2025) - Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) (\"Volt Carbon\" or the \"Company\") is pleased to announce its intention to complete a non-brokered private placement financing of up to 5,000,000 units (the \"Units\") at a price of C$0.035 per Unit for gross proceeds of up to C$175,000 (the \"Offering\"). The Offering will consist of up to 5,000,000 units (the \"Units\") at a price of C$0.035 per Unit for gross proceeds of up to C$175,000. Each Unit will consist of one (1) common share in the capital of the Company and one (1) common share purchase warrant (each a \"Warrant\"). Each Warrant will entitle the holder to purchase one (1) additional common share (each a \"Warrant Share\") at an exercise price of C$0.05 per Warrant Share for a period of 24 months from the date of issuance. All securities issued as part of the Offering shall be subject to a four-month and one day hold period. No finder's fees, commissions, agent options, or other compensation are anticipated in connection with the private placement.The Company intends to use the proceeds of the Offering to support intellectual property development initiatives, advance battery and mobile mineral separation technologies, and for general working capital.Closing of the Offering is subject to customary conditions and regulatory approvals including the approval of the TSX Venture Exchange. The Company anticipates closing the Offering within approximately 30 business days. No Insiders intend to participate in the Offering and no new control persons will be created by the Offering. This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.About Volt Carbon TechnologiesVolt Carbon is a publicly traded carbon science company, with specific interests in energy storage and green energy creatio...