Volt Carbon Technologies Inc (TORVF)

[Long term]

STHC - Saint Jean Carbon Inc. has already signed an agreement to pre-sell at least 10,000 tonnes of the graphite from Ameca Mining.

[Suppressed Image]

Saint Jean Carbon Inc. also provided third party verification that Ameca Mining (STHC) has the highest quality graphite in the world via their R&D facility.

Willymon Member Level Sunday, 01/17/21 11:52:52 AM
Re: OCMillionaire post# 37786 0
Post #
37854
of 37900 Here's the announcement from Saint Jean Carbon:
http://saintjeancarbon.com/files/2816/0575/0442/SJL_News_Release_Nov_18.pdf


Direct Quote from Saint Jean Carbon:
Quote:
The Company also wishes to elaborate on its arm’s length offtake agreement with Ameca Ltd. (“Ameca”), previously announced on September 30, 2020. A revised agreement was signed on November 5, 2020.

...Saint Jean intends to pre-sell at least 10,000 tonnes of the highest quality graphite in the world, verified in Saint Jean’s R&D facility, to a third party and never take physical possession of the material. Ameca and Saint Jean have agreed on a formula of profit sharing on all sales. The intent is to sell the entire 15,000 tonnes of graphite under the Company’s offtake agreement with Ameca. Ameca’s planned initial production is 15,000 tonnes per year.