Northern Graphite Enters Into Agreements for Intellectual Property Transactions Enters into agreement to acquire carbon material processing intellectual property previously licensed from Heraeus to develop, produce and sell Porocarb®
Northern Graphite Enters Into Agreements for
Intellectual Property Transactions
Enters into agreement to acquire carbon material processing intellectual property
previously licensed from Heraeus to develop, produce and sell Porocarb®
Acquisition will enable Northern to enter into agreements for commercial production of
the carbon material processing technology
Acquisition will allow Northern to license the carbon material processing technology to
third parties for short- and long-term royalty revenues
Northern enters into agreement to license its carbon material processing technology
Ottawa, Ontario--(Newsfile Corp. - June 26, 2025) - Northern Graphite Corporation
(TSXV: NGC)
(OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG)
(
the "
Company
" or "
Northern
") is pleased to announce
it has entered into agreements for certain intellectual property transactions related to its carbon material
processing technology as it looks to finance its integrated growth strategy and focus efforts on natural
graphite.
Almost a year after the Company licensed the carbon material processing technology for synthetic
carbon and launched the Northern Graphite Battery Materials Group to spearhead its ambition to
become an integrated mine-to-battery company, the Company has signed an agreement to acquire the
patents, trademarks and other intellectual property of the carbon material processing technology
previously licensed from Heraeus to develop, produce and sell Porocarb®, giving it complete control of
the technology.
The Northern group has also entered into an agreement to license its carbon material processing
technology for synthetic carbon to an arm's length third party for industrial applications.
"Since the launch of our Battery Materials Group in January of last year, we have significantly advanced
plans to scale the development, production, and commercialization of the carbon material processing
technology related materials with our customers and partners," said Northern Chief Executive Officer
Hugues Jacquemin. "In acquiring the intellectual property, our strategy is to establish development
agreements with our customers and license the technology to third parties to generate revenue and
speed access to market."
In a first phase under the license of its carbon material processing technology, Northern group will
receive a technology transfer and exclusivity reservation fee of up to USD 7 million payable in
instalments, subject to certain conditions including the licensee conducting due diligence on the
technology to its satisfaction, the execution of definitive long form license agreement with the licensee in
respect of the carbon material processing technology, and the Company's completion of the acquisition
of the Porocarb® intellectual property.
In a second phase, Northern group will receive royalties based on the definitive licensing agreement for
the carbon material processing technology. For the year 2026 and year 2027, the licensee will prepay
USD 1 million each year to the Northern group in respect of the royalty to be agreed by the parties in the
definitive agreements, subject to the fulfillment of certain conditions as set out in the first phase.
About Northern Graphite
Northern is a Canadian, TSX Venture Exchange listed company that is the only flake graphite producing
company in North America.
Northern is focused on becoming a world leader in producing natural
graphite and upgrading it into high-value products critical to the green economy, including anode
material for lithium-ion batteries/EVs, fuel cells and graphene, as well as advanced industrial
technologies. The Company's mine-to-battery strategy is spearheaded by its Battery Materials Group,
which has a fully equipped, state-of-the-art laboratory in Frankfurt.
Northern's graphite assets include the producing Lac des Iles mine in Quebec where the Company is
boosting output to meet growing demand from industrial customers and coming demand from North
American battery makers. The Company also owns the large-scale Bissett Creek project in Ontario and
the fully permitted Okanjande graphite mine in Namibia, which is currently on care and maintenance, and
represents an opportunity to substantially increase graphite production at a lower cost and with a shorter
time to market than most competing projects. All projects have "battery quality" graphite and are located
close to infrastructure in politically stable jurisdictions.
For media inquiries contact
Pav Jordan, VP of Communications
Email:
For additional information
Please visit the Company's website at
https://www.northerngraphite.com/home/
, the Company's profile
on
www.sedarplus.ca
our
Social Channels
listed below or contact the Company at (613) 271-2124.
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Cautionary Note Regarding Forward-Looking Statements
This news release contains certain "forward-looking statements" within the meaning of applicable
Canadian securities laws. Forward-looking statements and information are frequently characterized by
words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "potential",
"possible" and other similar words, or statements that certain events or conditions "may", "will",
"could", or "should" occur. Forward-looking statements in this news release include statements
regarding, among others, the Company's plans to develop, produce and commercialize carbon
material processing technology related materials, the potential payments to the Company under its
carbon material processing technology licensing transaction, and intentions related to development
plans for its projects. All such forward-looking statements are based on assumptions and analyses
made by management based on their experience and perception of historical trends, current
conditions and expected future developments, as well as other factors they believe are appropriate in
the circumstances. However, these statements are subject to a variety of risks and uncertainties and
other factors that could cause actual events or results to differ materially from those projected
including, but not limited to, unexpected changes in laws, rules or regulations, or their enforcement by
applicable authorities; the failure of other parties to perform as agreed; social or labour unrest;
changes in commodity prices; unexpected failure or inadequacy of infrastructure and the failure of
ongoing and contemplated studies to deliver anticipated results or results that would justify and
support continued studies, development or operations and the inability to raise required financing.
Readers are cautioned not to place undue reliance on forward-looking information or statements.
Although the forward-looking statements contained in this news release are based on what
management believes are reasonable assumptions, the Company cannot assure investors that
actual results will be consistent with them. These forward-looking statements are made as of the date
of this news release and are expressly qualified in their entirety by this cautionary statement. Subject
to applicable securities laws, the Company does not assume any obligation to update or revise the
forward-looking statements contained herein to reflect events or circumstances occurring after the
date of this news release.
Neither the 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
news release.
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https://www.newsfilecorp.com/release/256923