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surfkast

08/24/23 8:19 PM

#3682 RE: Zardiw #3678

The test results reinforce the Company's ambition to surpass 800 cycles and achieve 80% capacity by 2024 through its safe lithium metal battery technology. Moreover, the Company has unveiled a technology roadmap (see Figure 2 below) that outlines its strategic plan for lithium-ion battery product development through to 2030.

https://www.otcmarkets.com/stock/TORVF/news/Volt-Carbon-Technologies-Releases-Mid-Year-Test-Results-for-its-Lithium-ion-Battery-and-Provides-Operational-Update?id=408429

To process the bulk sample and earn the revenue to which it is contractually entitled, Volt expects to accelerate its process development and testing capacity. Volt has not determined how long it may take to complete the processing of the bulk sample and at this time expects that it will take several months.

Anticipating the Future
Volt is preparing to scale up its operations, culminating in a demonstration of its production equipment at its facilities around the end of 2024. The organization's strategic plan encompasses fundraising endeavors to reach this milestone, with engineering design for the scaled-up machinery currently underway in-house.

https://www.otcmarkets.com/stock/TORVF/news/Volt-Carbon-Technologies-Announces-Record-Results-of-Graphite-Purification-Tests-and-Receipt-of-a-27-Ton-Graphite-Bulk-S?id=410999