Volt Carbon Technologies Inc. announced a non-brokered private placement for issuance of 5,000,000 units at a price of CAD 0.035 per unit for aggregate gross proceeds of CAD 175,000 on December 23, 2025. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of CAD 0.05 per warrant share for a period of 24 months from the date of issuance.
All securities issued as part of the offering shall be subject to a four-month and one day hold period. No finder's fees, commissions, agent options, or other compensation are anticipated in connection with the private placement. Closing of the offering is subject to customary conditions and regulatory approvals including the approval of the TSX Venture Exchange.
The company anticipates closing the offering within approximately 30 business days. No insiders intend to participate in the offering and no new control persons will be created by the offering.
