Core Points - Volt Carbon Technologies has successfully closed a private placement, raising a total of $210,000 through the issuance of 10,500,000 units at a price of $0.02 per unit [1][2] - The proceeds from the offering will be utilized to pay outstanding payables and for working capital to develop patented mineral extraction equipment [2][7] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the holder to acquire an additional common share at an exercise price of $0.05 for a period of 24 months [3][4] Financial Details - The final tranche of the private placement involved the issuance of 5,500,000 units, contributing $110,000 to the total gross proceeds [1][2] - The offering is subject to regulatory approvals, including from the TSX Venture Exchange, and no insiders participated in the offering [4] Company Overview - Volt Carbon Technologies is a publicly traded company focused on carbon science, energy storage, and green energy creation, with mining claims in Ontario, Quebec, and British Columbia [5]