Northern Graphite Corporation (NGC) has recently experienced a surge in its share price, prompting inquiries from the TSX Venture Exchange and IIROC Market Surveillance. The company’s management has stated that they are unaware of any undisclosed material change or corporate development that would explain the increase in the stock price.
Northern Graphite Corporation is a Canadian company with a 100% interest in the Bissett Creek graphite deposit in eastern Ontario. The company is optimistic about the future of graphite prices, anticipating them to outperform other commodities due to supply issues in China and the growing demand for graphite in new applications such as lithium-ion batteries. Bissett Creek is recognized for its large flake graphite deposit, bankable Feasibility Study, major environmental permit, and strong infrastructure.
While this recent share price increase is exciting for Northern Graphite Corporation and its investors, the company urges caution with forward-looking statements. The company acknowledges the inherent risks and uncertainties in the market that could impact their actual results compared to their expectations.
Investors and stakeholders are encouraged to stay informed and exercise diligence when making investment decisions. The company remains committed to transparency and compliance with applicable securities laws.
For more information about Northern Graphite Corporation, interested individuals can visit their website at www.northerngraphite.com.
