Volt Carbon Technologies Amends Terms of $300,000 Private Placement

Core Viewpoint - Volt Carbon Technologies Inc. has amended the pricing of its non-brokered private placement financing, now offering up to 12,000,000 units at C$0.025 per unit for gross proceeds of up to C$300,000 [1][2][3] Group 1: Offering Details - The Offering will consist of 12,000,000 units priced at C$0.025 each, with gross proceeds expected to reach C$300,000 [2] - Each unit includes one common share and one common share purchase warrant, allowing the purchase of an additional share at C$0.05 for 24 months [2] - No Finder's Fee, Agents options, or commissions will be paid in connection with the private placement [2] Group 2: Regulatory Compliance - The price adjustment aligns with TSX Venture Exchange Policy 1.1, which prohibits discounts when the market price is below C$0.05 [3] - The Offering is subject to customary conditions and regulatory approvals, including TSX Venture Exchange approval, with an anticipated closing within approximately 30 business days [4][8] Group 3: Use of Proceeds - Proceeds from the Offering will be used to pay outstanding payables, advance battery and mobile mineral separation technology, and for general working capital [4][8] Group 4: Company Overview - Volt Carbon is a publicly traded carbon science company focused on energy storage and green energy, with mining claims in Ontario, Quebec, and British Columbia [6]