Brief: Saint Jean Carbon Signs Agreement To Acquire A Graphite Property

Volt Carbon Technologies

23/02/2018 14:00

Feb 23 (Reuters) - Saint Jean Carbon Inc  SJL.V : 
    * SAINT JEAN CARBON SIGNS NON-BINDING AGREEMENT TO ACQUIRE 
AN 
HISTORICAL GRAPHITE PROPERTY - LOCHABER 
    * SAINT JEAN CARBON INC - COMPANY WILL ISSUE TO GREAT LAKES 
GRAPHITE INC. 3 MILLION SHARES, PAY A 1.75% NET OPERATIONAL 
OPERATING COST ROYALTY FOR 10 YEARS 
    * SAINT JEAN CARBON INC -  COMPANY WILL PAY A FEE OF 
$425,000.00 
DIVIDED EQUALLY INTO FOUR PAYMENTS OVER FOUR YEARS TO GREAT 
LAKES  
 
Source text for Eikon:  ID:nGNXBnwbS  
Further company coverage:  SJL.V  
 
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