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Canada Carbon Inc V.CCB

Alternate Symbol(s):  BRUZF

Canada Carbon Inc. is a Canada-based junior natural resource company focused on the acquisition and exploration of natural resource properties. It holds a 100% interest in two graphite properties located in Quebec: The Miller Graphite Project and Asbury Graphite Project. The Miller Graphite Property is located in Grenville Sur la Rouge, Quebec. The Miller hydrothermal lump-vein historical graphite mine and surrounding property cover approximately 100 square kilometers (km2) and is located 80 kilometers (km) west of Montreal in the Grenville Township. The Asbury Graphite Project is made up of two claims for a total of 119 hectares (ha). It is located 8.1km northeast of Notre-Dame-Du-Laus in the Laurentides Region of southern Quebec.


TSXV:CCB - Post by User

Bullboard Posts
Post by Peak675on Sep 26, 2018 1:47pm
171 Views
Post# 28694613

New out

New outCANADA CARBON SIGNS MOU AGREEMENT FOR ITS NUCLEAR PURITY GRAPHITE VALUED AT USD $40K PER TONNE September 26th, 2018, Vancouver, BC, Canada Canada Carbon Inc. (the Company) (TSX-V:CCB), (FF:U7N1) is pleased to announce the signing of a non-binding Memorandum of Understanding ("MOU") for the supply of the Companys Miller nuclear purity graphite to Dunedin Energy Systems Ltd, an arms length Canadian developer of small modular nuclear reactors. The MOU terms are for the supply of 200 tonnes per annum of Miller nuclear purity graphite over a 10-year term, with a floor price of USD $40,000 per tonne. Both companies must achieve certain milestones in their business development activities, at which time a Definitive Agreement will be negotiated. Terms of the Agreement 200 tonnes per year Miller nuclear purity graphite at a floor price of USD $40k per tonne; option to purchase up to an additional 50 tonnes in any single year of the agreement at a floor price of USD $45k per tonne; 10-year term which has renewable provisions; A scientific cooperation, collaboration and testing agreement.
Bullboard Posts