Northern Graphite Corporation

Northern Graphite is a mineral development and technology company focused on developing its Bissett Creek graphite deposit and upgrading mine concentrates into high value components used in lithium-ion batteries, electric vehicles, fuel cells, graphene and other advanced technologies which enable the green economy.

Recent News

  • Northern Graphite Announces Metallurgical Testing, Confirms High Value Concentrates

    Ottawa, Ontario--(Newsfile Corp. - February 22, 2021) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (the "Company" or "Northern") is pleased to announce that ongoing metallurgical testing continues to confirm the high percentage of valuable, large flake concentrates that will be produced from its Bissett Creek deposit. Recent tests have averaged 22 per cent +32 mesh (XXL) flake and 46 per cent +48 mesh (XL) flake. Cumulatively, 95 per cent of concentrates produced are expected to be greater than 80 mesh...

    2021-02-22 9:15 AM ET
  • Northern Graphite Closes Private Placement Financing

    Ottawa, Ontario--(Newsfile Corp. - February 12, 2021) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) ("Northern" or the "Company") announces that its non-brokered private placement consisting of 10,688,000 units at a price of $0.28 per unit for gross proceeds of approximately $3 million has closed. Each unit is comprised of one common share and one half of one share purchase warrant with each full warrant entitling the holder to purchase one common share at a price of $0.45...

    2021-02-12 10:07 AM ET
  • Northern Graphite Increases Size of Non-Brokered Private Placement

    Ottawa, Ontario--(Newsfile Corp. - January 28, 2021) -  Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) ("Northern" or the "Company") announces that due to investor demand, the Company is increasing the size of its previously announced non-brokered private placement to 10,690,000 units at a price of $0.28 per unit for gross proceeds of approximately $3 million, which represents an increase of approximately $200,000. Each unit is comprised of one common share and one half of one share purchase warrant...

    2021-01-28 3:59 PM ET
  • Northern Graphite Announces Non-Brokered Private Placement

    Ottawa, Ontario--(Newsfile Corp. - January 21, 2021) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) ("Northern" or the "Company") announces that it plans to complete a non-brokered private placement of up to $2.8 million through the sale of up to 10 million units at a price of $0.28 per unit. Each unit will be comprised of one common share and one half of one share purchase warrant with each full warrant entitling the holder to purchase...

    2021-01-21 2:13 PM ET
  • Northern Graphite: Metallurgical Testing Confirms Process Plant Cost Savings

    Ottawa, Ontario--(Newsfile Corp. - July 23, 2020) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (the "Company" or "Northern") announces that comprehensive metallurgical testing carried out at SGS Lakefield has validated changes designed to simplify the flow sheet for the Bissett Creek Project and to reduce capital and operating costs. Testing indicated that the new flowsheet will increase average concentrate purities from 94.5 to 97.2 per cent with a small decline in recoveries (from 94.7 to 92.4 per cent)...

    2020-07-23 8:00 AM ET
  • Northern Graphite Closes Royalty Financing

    Ottawa, Ontario--(Newsfile Corp. - July 16, 2020) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (the "Company" or "Northern") has closed the previously announced sale of a one per cent gross revenue royalty ("GRR") on its Bissett Creek Project to Electric Royalties Ltd. ("ELEC") for $500,000 in cash and two million common shares of ELEC (the "Consideration Shares"). Half of the Consideration Shares are subject to a 12 month hold period and half to an 18 month hold...

    2020-07-16 8:00 AM ET
  • Northern Graphite Secures Non-Dilutive Royalty Financing on Bissett Creek Project

    Ottawa, Ontario--(Newsfile Corp. - March 23, 2020) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (the "Company" or "Northern") announces that it has agreed to sell a one per cent gross revenue royalty ("GRR") on its Bissett Creek Project to Electric Royalties Ltd. ("ERL") for $500,000 in cash and two million common shares of ERL (of which half are subject to a 12 month hold period and half to an 18 month hold period) (the "Consideration Shares"). The transaction...

    2020-03-23 8:00 AM ET
  • Northern Graphite Market Update

    Ottawa, Ontario--(Newsfile Corp. - February 3, 2020) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (the "Company" or "Northern") is pleased to provide an update on the natural graphite market which has been in a state of paradox for some time. There are almost weekly announcements of huge investments in new electric vehicle ("EV") and lithium ion battery ("LiB") production capacity which creates a very positive outlook for future flake graphite demand. At the same time, graphite prices...

    2020-02-03 8:50 AM ET