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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

Comment by 1studenton Dec 20, 2024 8:26pm
32 Views
Post# 36373219

RE:RE:Why No Canada Growth Fund Investment in Northern Graphite?

RE:RE:Why No Canada Growth Fund Investment in Northern Graphite?Frenchie18473,

Yes. I too made a few spelling errors when composing my previous post.
I expect nobody can be perfect when they don't want to be.
Never the less, I am sure you clearly understand precisely the gist of what I had been driving at Frenchie . Once again, why No Canada Growth Fund Investment in Northern Graphite?

If Northern Graphite Corporation was so important that Minister Wilkinson took Hugues Jacquemin with him to Paris and London in promoting the company for investment by or on behalf of would be European customer/investors/partners (see the Team Canada critical elements and mining effort undertaken last year), why hasn't at least $35.6 Million ( in aggregate US$50 Million) worth of a private placement NGC.V equity financing initiative been taken up by The Canada Growth Fund and Investissement Quebec, as an example?
After all, now that they are able to legally do so, why hasn't at least one of the many Canadian pension plan investment entities (e.g. CDPQ, CPP Investments, OTPP, OMERS, AIMCo, BCIMC, etc.) elected to come in and purchase the single largest equity controling interest in Northern Graphite Corporation at a premium to such "FIRE SALE" NGC.V share price points?

Is it because "Sprott" holds the overwhelmingly single largest "creditor note" over this entire NGC.V kit and caboodle and "Sprott" first needs to be assured that it would be more than just made whole by way of any such a potentially proposed  and undertaken transaction?

Could it also be because the Quebec Government provided NGC with $400,000 for that drilling program at LDI and then the company declares within the most recent financials that $400,000.00 worth of previously inventoried graphite material somehow grew legs and just walked off the LDI property and is now not able to be found?
Once again, I'll ask you. Can this be just part in parcel of the reasoning as to why representatives of The Canada Growth Fund could have elected (to be clear, I don't know that they did or did not elect to do so) to take a pass on Northern Graphite Corporation and instead placed $35.6 Million or so worth of direct private placement equity investment resulting capital with Nouveau Monde Graphite?
I think it a fair question, which has nothing at all to do with your ex-wife Frenchie.
Man oh man; clearly you are quite fixated on your ex-wife. After all, you do keep mentioning her 
You should seek some assitance with how to go about attaining some closure in said respect.




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