E-Power Resources Inc. ("E-Power" or the "Company") is pleased announce the Company has entered into an option agreement with Volt Carbon Technologies Inc. ("Volt" or "Volt Carbon") enabling Volt Carbon to acquire a 5% interest in the Tetepisca Graphite Project ("Tetepisca") by funding $680,000 in exploration before December 31, 2024 and making a one-time cash payment of $1,500,000 on or before December 31, 2025.
James Cross, President and CEO of E-Power commented: "We are pleased to be announcing further exploration of our Tetepisca Graphite Project. Volt Carbon is a carbon science company with holdings in graphite exploration properties. Volt Carbon has developed proprietary graphite ore processing technology and is in the early stages of developing and producing solid-state lithium-ion batteries. We have previously engaged Volt to process samples from Tetepisca into graphite concentrates which can be provided as samples to battery manufacturers. We welcome continued collaboration with Volt Carbon as a step in the process to bring Tetepisca graphite from the ground in Quebec to end-users in North America and Europe."
