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Saint Jean Carbon Inc. (SJL.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.0350-0.0050 (-12.50%)
At close: 2:38PM EDT
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Previous Close0.0400
Open0.0400
Bid0.0300 x 0
Ask0.0350 x 0
Day's Range0.0350 - 0.0400
52 Week Range0.0200 - 0.0400
Volume123,142
Avg. Volume133,677
Market Cap2.933M
Beta (5Y Monthly)-0.29
PE Ratio (TTM)N/A
EPS (TTM)-0.0070
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    Saint Jean Carbon Closes Books on Private Placement

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OAKVILLE, Ontario, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) is pleased to announce that it has closed its books with respect to the private placement announced on August 26, 2020 (the “Offering”). The Company raised a total of $197,625 by issuance of 7,905,000 units (“Common Units”) at a price of $0.025 per Common Unit.Each Common Unit consisted of one (1) common share in the capital of the Company (“Common Share”) and one (1) common share purchase warrant (each whole common share purchase warrant a “Warrant”). Each Warrant entitled the holder to acquire one (1) additional Common Share at an exercise price of $0.05 per Common Share for a period of 36 months from the date of issuance.The Company intends to use the proceeds of the Common Units to preserve the Company’s existing operations and for general corporate and administrative purposes. The breakdown of the intended use of proceeds for the ensuing 6-month period is shown in the table below:PurposeAmount Outstanding payables$65,000 Continuing operations$72,625 Monthly recurring costs$42,000 Closing costs and AGM$18,000 Gross Proceeds$197,625 Although the Company intends to use the proceeds of the Offering as described above, the actual allocation of net proceeds may vary from the uses set forth above, depending on future operations or unforeseen events or opportunities.All securities issued as part of the Offering are subject to a four month and one (1) day hold period.About Saint Jean Saint Jean is a publicly traded carbon science company, with specific interests in energy storage and green energy creation and green re-creation, with holdings in graphite mining claims in the province of Quebec in Canada. For the latest information on Saint Jean’s properties and news please refer to the website: http://www.saintjeancarbon.com/On behalf of the Board of Directors Saint Jean Carbon Inc. William Pfaffenberger, Chairman of the Board and PresidentInformation Contact: Email: info@saintjeancarbon.com Tel: (250) 381-6181Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Saint Jean’s business and affairs.  In certain cases, forward-looking statements can be identified by the use of words such as ‘‘plans’’, ‘‘expects’’ or ‘‘does not expect’’, “intends” ‘‘budget’’, ‘‘scheduled’’, ‘‘estimates’’, “forecasts’’, ‘‘intends’’, ‘‘anticipates’’ or variations of such words and phrases or state that certain actions, events or results ‘‘may’’, ‘‘could’’, ‘‘would’’, ‘‘might’’ or ‘‘will be taken’’, ‘‘occur’’ or ‘‘be achieved’’.  Such forward-looking statements include those with respect to the Company’s intention to use the proceeds of the Offering for operating costs and working capital to fund the continued development of the Company’s business.These forward-looking statements are based on current expectations, and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially.  The forward-looking statements in this news release assume, inter alia, that the conditions for completion of the Offering, including final regulatory approval will be met.Although Saint Jean believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that these expectations will prove to be correct. There are risks which could affect Saint Jean’s ability to complete the Offering, including that required consents and approvals from regulatory authorities will not be obtained.Statements of past performance should not be construed as an indication of future performance. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors, including those discussed above, could cause actual results to differ materially from the results discussed in the forward-looking statements. Any such forward-looking statements are expressly qualified in their entirety by this cautionary statement.All of the forward-looking statements made in this press release are qualified by these cautionary statements.  Readers are cautioned not to place undue reliance on such forward-looking statements.  Forward-looking information is provided as of the date of this press release, and Saint Jean assumes no obligation to update or revise them to reflect new events or circumstances, except as may be required under applicable securities legislation.

  • A Quick Analysis On Saint Jean Carbon's (CVE:SJL) CEO Compensation
    Simply Wall St.

    A Quick Analysis On Saint Jean Carbon's (CVE:SJL) CEO Compensation

    This article will reflect on the compensation paid to Paul Ogilvie who has served as CEO of Saint Jean Carbon Inc...

  • GlobeNewswire

    Saint Jean Carbon Announces Results of AGM and Off-Take Agreement

    OAKVILLE, Ontario, Sept. 29, 2020 (GLOBE NEWSWIRE) -- Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) (OTCQB: TORVF) is pleased to announce that the shareholders of the Company elected four (4) directors: Dr. William Pfaffenberger, Dr. David Madill, Glen Nursey and V-Bond Lee at the Annual General and Special Meeting of the Shareholders held on Sept 28, 2020 (the “Meeting”). The Board of Directors has met and wishes to announce that William Pfaffenberger has been appointed President and Chairman of the Board. We would like to thank Mr. Douglas Windsor for his past service to the Company.The Board is also appointing Mr. Stewart Delion as the new Chief Operating Officer. Mr. Paul Ogilvie will continue in the position of CEO, until such time as an orderly transition has taken place. The Board has decided to have the position of CEO have the same corporate powers as that of CEO of any public company. That is, the CEO will be under direction and control of the Board.The Company also wishes to announce that it has entered into an off-take agreement with Ameca Ltd, a B.C. Company, the essential terms of the contract include: (1) the Company will buy graphite from Ameca Ltd., (2) the Company will buy a minimum of 7,500 tonnes of graphite per year, (3) prices for the graphite shall be negotiated every 6 months based on market rates, and (4) the date of the contract is Dec. 30, 2019. Ameca Ltd controls the development of graphite in Sri Lanka and plans to be in production at 15,000 tonnes per year in 2021.About Saint Jean CarbonSaint Jean is a publicly traded carbon science company, with specific interests in energy storage and green energy creation and green re-creation, with holdings in graphite mining and lithium claims in the province of Quebec in Canada. For the latest information on Saint Jean’s properties and news please refer to the website:http://www.saintjeancarbon.com/ .On behalf of the Board of Directors Saint Jean Carbon Inc. William Pfaffenberger, Chairman and DirectorInformation Contact : Email: info@saintjeancarbon.com Tel: (905) 844-1200Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.This news release contains forward‐looking statements, within the meaning of applicable securities legislation, concerning Saint Jean’s business and affairs. In certain cases, forward‐looking statements can be identified by the use of words such as ‘‘plans’’, ‘‘expects’’ or ‘‘does not expect’’, ‘‘budget’’, ‘‘scheduled’’, ‘‘estimates’’, “forecasts’’, ‘‘intends’’, ‘‘anticipates’’ or variations of such words and phrases or state that certain actions, events or results ‘‘may’’, ‘‘could’’, ‘‘would’’, ‘‘might’’ or ‘‘will be taken’’, ‘‘occur’’ or ‘‘be achieved’’ or similar expressions and includes suggestions of future outcomes, including statements about the approval and acceptance of the Share Consolidation and number of Common Shares outstanding following the Share Consolidation. These forward looking statements are based on current expectations, and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially. These risks include, but are not limited to receiving acceptance from the TSX Venture Exchange for the Share Consolidation. Readers are cautioned not to place undue reliance on such forward‐looking statements. Forward‐looking information is provided as of the date of this press release, and Saint Jean assumes no obligation to update or revise them to reflect new events or circumstances, except as may be required under applicable securities laws.