Powering Up: Volt Carbon Technologies Wraps Up Second Round of Private Funding and Sets Date for Annual Meeting!
Calgary, Alberta–(Newsfile Corp. – December 24, 2024)
Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) (“Volt Carbon” or the “Company”), is pleased to announce that it has closed the second tranche of the private placement (the “Offering”) announced on Nov 19, 2024, by issuing an aggregate number of 6,666,667 flow through units (“Units”) at a price of $0.03 per Unit for gross proceeds of $200,000.01 (the “Second Tranche”). Each FT Unit consists of one (1) common share in the capital of the Company issued on a “flow-through share” within the meaning of the Income Tax Act (Canada) and one half of one (0.5) common share purchase warrant (each whole warrant, a “Warrant”).
Volt Carbon Technologies Inc. has had great success with their second round of private funding, raising a total of $200,000.01 through the issuance of flow through units. This marks a significant milestone for the company as they continue to make strides in the carbon technology sector. The funds raised will be instrumental in furthering their research and development efforts, as well as expanding their reach in the market.
The announcement of the upcoming annual meeting is also an exciting development for Volt Carbon. This will provide shareholders and investors with the opportunity to gain insight into the company’s progress, future plans, and strategic initiatives. It is a crucial event where key decisions will be made, and the direction of the company will be determined.
With the success of this round of funding and the anticipation of the annual meeting, Volt Carbon is positioning itself as a leader in the carbon technology industry. Their innovative approach and dedication to sustainability set them apart from competitors, and their continued growth is a testament to their commitment to making a positive impact on the environment.
How will this affect me?
As an individual investor, the success of Volt Carbon Technologies Inc. could present an opportunity for significant returns on investment. By supporting a company that is focused on developing cutting-edge carbon technology solutions, you are not only investing in your financial future but also contributing to a more sustainable and environmentally friendly world.
How will this affect the world?
The advancements made by Volt Carbon Technologies Inc. in the field of carbon technology have the potential to revolutionize the way we approach environmental sustainability. By developing innovative solutions to reduce carbon emissions and promote cleaner energy sources, Volt Carbon is paving the way for a greener future for the planet. Their success could inspire other companies to follow suit and drive positive change on a global scale.
Conclusion
With the successful completion of the second round of private funding and the upcoming annual meeting, Volt Carbon Technologies Inc. is poised for continued growth and success in the carbon technology industry. Their commitment to innovation and sustainability sets them apart as a leader in the field, with the potential to make a significant impact on both investors and the world at large.
