Volt Carbon Technologies Secures CAD$565,000 in Private Placement for Growth and Exploration

Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) has successfully closed the third and final tranche of its non-brokered private placement financing, raising an aggregate amount of CAD$565,000.01. The company issued 16,666,667 flow-through units (FT Units) at CAD$0.03 and 2,600,000 units (Units) at CAD$0.025, with the net proceeds allocated towards exploration, research and development, and general working capital. The closing of the Offering is subject to receipt of all necessary regulatory approvals, including the TSX Venture Exchange (TSXV).

The company's strategic plans include expanding its battery fabrication facility in Guelph, Ontario, and developing and upgrading its carbon research facility in Scarborough, Ontario. The net Flow-Through proceeds will be used to incur qualifying "Canadian exploration expenses," as defined in the Income Tax Act, while the net Unit proceeds will be used as general working capital for the Company.

Volt Carbon Technologies is focused on advancing carbon science, with a strong emphasis on energy storage solutions and green energy innovation. The company holds strategic mining claims across Ontario, Quebec, and British Columbia, Canada, and operates a state-of-the-art battery fabrication facility in Guelph, Ontario, and a dedicated Carbon Research Facility in Scarborough, Ontario.

The company's mission is to establish a comprehensive ecosystem that encompasses critical mineral resource extraction, mineral processing, and the production of energy storage devices. By successfully closing the private placement, Volt Carbon Technologies has secured the necessary funds to execute on its strategic plans and drive growth in the energy storage and green energy sectors.



In conclusion, Volt Carbon Technologies' private placement financing has provided the company with the resources needed to advance its exploration and development activities, expand its battery fabrication and research facilities, and maintain its competitive position in the market. With a strong focus on carbon science, energy storage solutions, and green energy innovation, the company is well-positioned to capitalize on the growing demand for sustainable and efficient energy storage technologies.