RE:RE:RE:What is status of C-60 project?This is from A PR dated 18 Nov 2020:
The Company issued a news release on May 11, 2020 that provided an update on the Company's C-60 - Fullerene project (the "Project"). The Company would like to clarify that the information provided in that news release was preliminary and a significant amount of due diligence and work is required to progress the Project or draw any conclusions about the Project's viability. Voyageur expects that due diligence and work on the Project will be continued after Covid 19 travel and quarantine restrictions are lifted, which at this time cannot be determined with any certainty. Currently Voyageur has no rights to the fullerene and has not been able to determine with any certainty that the Project is viable.
Investors should not consider the Project in their investment analysis of the Company. The letter of intent signed for the Project is non-binding. At this time, the Company cannot estimate when any binding agreements will be entered into and any such agreements will be dependent on the outcome of the due diligence and work referred to above.
Voyageur is focused on moving its Frances Creek barium sulfate project forward and the use of funds for near term financings are to be allocated for the Frances Creek project.