Volt Carbon increases private placement to $220,000

Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) received approval from the TSX Venture Exchange to increase its non-brokered private placement to 11,000,000 units at $0.02 per unit, for gross proceeds of up to $220,000.

Each unit consists of one common share and one common share purchase warrant. The offering remains subject to customary conditions and regulatory approvals, including final approval from the TSX Venture Exchange.

The Calgary-based company plans to use proceeds to advance its battery and mineral separation technologies, pay outstanding payables, and for general working capital purposes.

Volt Carbon Technologies describes itself as a carbon science company focused on energy storage and green energy creation, with mining claims in Ontario, Quebec and British Columbia.

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