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Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

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

Post by Ogopogo007on Jan 21, 2024 10:06am
132 Views
Post# 35837834

Is it Greg or Mr Bowes ?

Is it Greg or Mr Bowes ?For me, after years of talking to Greg at PDAC NGC booth 2115, until 2023 there was only 2 or 3 people there (Greg and I, maybe 1 other), it's Greg not Mr Bowes.

Greg would provide a "graphite state of affairs" summary that was usually less than inspiring for Bissett Creek potential. If you have been to Bissett Creek mine site as I have (part of DD), one would notice mining equipment from yesteryear sitting, copper stripped out from "midnight elves", trees growing up thru the openings as it's been many years since it was an operating mine. Luckily still fully permitted.

Given all the doom and gloom in graphite space outside China, it was interesting...my opinion...that Greg saw/sensed some green shoots of graphite opportunity when the opportunity presented itself to.....
Gregory Bowes, CEO commented that: “This is a truly transformational deal that will elevate Northern from one of over 20 junior graphite companies looking for project financing to being the only North American and the world’s third largest¹ non-Chinese graphite producing company. In addition, Northern will have two large scale development projects in politically stable jurisdictions that will enable the Company to significantly expand production to meet growing demand from the EV/battery markets.  He added that: “Following completion of the Transaction Northern intends to aggressively expand into value added EV/battery, graphene and industrial markets through both acquisitions and investments.

Kudos Greg, hope to see him at PDAC 2024, Greg missed 2023 recovering from a medical procedure.

Perhaps Mr Bowes, P Eng, MBA to the rest here


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