Northern Graphite Corp V.NGC

Alternate Symbol(s): NGPHF

Metals & Mining Graphite

Northern Graphite Corporation is a Canada-based flake graphite producing company. The Company is focused on producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/electric vehicles (EVs), fuel cells and graphene, as well as advanced industrial technologies. Its mining operations include Lac des Iles, Okanjande and Bissett Creek. Its products include Flake Graphite Products and Porocarb Products. The Lac des Iles (LDI) mine is the only flake graphite producer in North America. The LDI mine is located approximately two kilometers south of Lac-des-Iles, Quebec, 110 kilometers (km) northeast of Ottawa and 180 km northwest of Montreal. The Okanjande mining is located in Namibia, one of Africa's finest mining jurisdictions. It holds a 100% interest in the Bissett Creek Project, which is located around 15 km from the Trans-Canada Highway between the towns of Deep River and Mattawa, Ontario.

TSXV:NGC - Post by User

Northern Graphite Corp

Bullboard Posts

Comment by scissors14on Sep 20, 2011 7:40pm

140 Views

Post# 19063899

RE: RE: NGC shares that MDST holders are supposed

MDST is the largest shareholder of Northern Graphite.

"...while the Board of Directors has not yet developing a mechanism whereby most of the 9,750,000 common shares of Northern owned by the Company would effectively be distributed to shareholders, I would like to assure shareholders that the Company will not enter into any new business ventures that would have the effect of diluting current shareholders until such time as this issue is addressed."

That quote by the President of MDST is from the June 29th press release.

Bullboard Posts

3 Mid-Sized Stocks to Consider This Season