CTT Pharmaceutical Holdings Inc (CTTH)

[Earthly_Investor]

Thanx ROK!

This is huge for IDSM holders!

Gregory Bowes, CEO stated that "Northern will become the first public company solely focused on graphite production. The proceeds of the Offering will enable us to continue advancing the Bissett Creek project and will be used to complete metallurgical and bench scale pilot plant testing, a pre-feasibility study, environmental studies and mine permitting and a follow up drill program, as well as for general corporate purposes. We expect the pre-feasibility study to be completed in the next couple months and environmental and mine permitting are expected to be completed later in 2011 or the first part of 2012. At that time, the Company will be in position to initiate construction, subject to positive results from the prefeasibility study and the availability of financing."