Northern Graphite Corporation: Northern Graphite Announces Grant of Stock Options
(TSXV: NGC) (OTCQB: NGPHF) (the Company or Northern ) announces that
the Board of Directors has approved a grant of stock options to directors and officers to purchase a total of 2,800,000 shares of the Company at a price of $0.50 per share for a period of five years. The option grant is essentially to replace 2,200,000 stock options exercisable at a price of $0.50 per share which expire on April 27, 2021.
About Northern Graphite
Northern Graphite is a mineral development and technology company focussed on developing its Bissett Creek graphite deposit and upgrading mine concentrates into high value components used in lithium-ion batteries, electric vehicles, fuel cells, graphene and other advanced technologies. An independent study estimates that Bissett Creek will have the highest margin of any existing or proposed graphite deposit due to its very favorable location, simple metallurgy and the h
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