2013 Releases

Saint Jean Carbon Closes Private Placement for Proceeds of $300,000
December 31, 2013 Saint Jean Carbon ("Saint Jean" or the "Company") (TSX-V: SJL) is pleased to announce the closing of the non-brokered private placement announced November 27, 2013 of 6,000,000 units (the “Units”) at a price of $0.05 per Unit for gross proceeds of $300,000 (the “Offering”). Each Unit consists of one (1) common share (“Common Share”) in the capital of the Company and one (1) Common Share purchase warrant (a “Warrant”). .  ....more

Saint Jean Carbon Announces Exercise of Subscription Right for a $75,000 Private Placement
December 3, 2013, Oakville, Ontario, Canada - Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) is pleased to announce that it has received an exercise notice for the purchase of 1,500,000 units (the “Units”) at a price of $0.05 per Unit for gross proceeds to the Company of approximately $75,000 (the “Offering”). This Units offered under the Offering are in addition to the $300,000 private placement announced on November 27, 2013 and are offered on the same terms as the Units that are being offered in that private placement.  ....more

Saint Jean Carbon Announces $300,000 Private Placement
November 27, 2013, Oakville, Ontario, Canada - Saint Jean Carbon Inc (“Saint Jean” or the “Company”) (TSX-V: SJL is pleased to announce that it intends to complete a non-brokered private placement financing of up to 6,000,000 units (the “Units”) at a price of $0.05 per Unit for gross proceeds of approximately $300,000 (the “Offering”). Each Unit will consist of one (1) common share in the capital of the Corporation issued and one (1) warrant (“Warrant”).  ....more

Saint Jean Carbon Finalizes Proposed Work Program on the Quebec Lump Graphite Properties
November 20, 2013, Oakville, ON, Canada - Saint Jean Carbon Inc (“Saint Jean” or the “Company”) (TSX-V: SJL), is pleased to announce that is has finalized the elements of its planned development and exploration program on its three Quebec lump graphite properties known as The Walker, Wallingford, and St. Jovite. The Company has established an initial budget of approximately $520,000 for the proposed work programs and expects to commence the work in Q4 2013.  ....more
 

Torch River Resources Closes Private Placement for Proceeds of $100,000
November 1, 2013 Torch River Resources ("Torch" or the "Company") (TSX-V: TCR) is pleased to announce the closing of the non-brokered private placement announced October 29, 2013 of 2,000,000 units (the “Units”) at a price of $0.05 per Unit for gross proceeds of $100,000 (the “Offering”). Each Unit consists of one (1) common share (“Common Share”) in the capital of the Company and one (1) Common Share purchase warrant (a “Warrant”).  ....more

Torch River Resources Ltd. to Change Name to Saint Jean Carbon Inc.
October 31, 2013 - Calgary, Alberta - Torch River Resources Ltd. (“Torch” or the “Company”) (TSX-V: TCR) is pleased to announce the change of its corporate name to Saint Jean Carbon Inc. and its trading symbol to “SJL”. The name change is being implemented pursuant to the passing of a special resolution of the shareholders at the Annual and Special Meeting of Shareholders held in Calgary, Alberta on Wednesday, October 30, 2013 (the “Meeting”). The Company anticipates that the common shares of Torch will begin trading under the symbol “SJL” within the week of November 4 to 8, 2013. ....more

Torch River Resources Announces Definitive Agreement and a Further Tranche of Private Placement for Proceeds of $100,000
October 29, 2013 Torch River Resources ("Torch" or the "Company") (TSX-V: TCR) (FRANKFURT: WNF) (U.S. pink sheets: TORVF) is pleased to announce a further tranche of a previously announced non-brokered private placement of 2,000,000 units (the “Units”) at a price of $0.05 per Unit for gross proceeds of approximately $100,000 (the “Offering”). Each Unit will consist of one (1) common share (“Common Share”) in the capital of the Company and one (1) Common Share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one Common Share of the Company for a period of two (2) years from the closing of the Offering at an exercise price of $0.075.  ....more

Torch River Signs Definitive Agreement for 113 Sri Lankan Lump Graphite Mining Claims
October 17th, 2013, Oakville, ON, Canada - Torch River Resources Ltd. (“Torch”, the “Company” or “We”) (TSX-V: TCR)(FRANKFURT: WNF)(U.S. pink sheets: TORVF), is pleased to announce that it has signed an arm's length definitive agreement with Hal Tan Graphite (Pvt) Ltd (herein after called “Hal”) a Sri Lankan based holding company, to acquire 113 mining grids with 56 historical mines and exclusive exploration licenses to explore and develop its wholly owned 113km2 lump graphite claims mining claims in south-west Sri Lanka, many of which were originally artisanal mining operations in the 1920's and 1930's.  ....more

Torch River Achieves Purity Upgrade to 99.1%C on Walker Graphite
October 15, 2013, Oakville, ON, Canada - Torch River Resources Ltd. (“Torch” or the “Company”) (TSX-V: TCR) (FRANKFURT: WNF) (U.S. pink sheets: TORVF), is pleased to announce the results of two test programs on its lump graphite from the Company's Walker Graphite property in Quebec. The combination of higher reagent concentration and longer retention times in the fifth test provided the 99.1%C best result. This positions the Company's graphite as being fully suited for a wide range of high purity applications. ....more

Torch River Signs Term Sheet For 113 Sri Lankan Lump Graphite Mining Claims
October 9th, 2013, Oakville, ON, Canada - Torch River Resources Ltd. (“Torch”, the “Company” or “We”) (TSX-V: TCR), is pleased to announce that it has entered into an arms length non-binding purchase and transfer agreement with Han Tal Graphite (Pvt) Ltd (herein after called “Han”) a Sri Lankan based holding company, to acquire 113 mining grids with 56 historical mines and exclusive exploration licenses to explore and develop its wholly owned 113km2 lump graphite claims mining claims in south-west Sri Lanka, many of which were originally artisanal mining operations in the 1920's and 1930's. In many cases Han believes the veins associated with these operations may remain open 10-15m below the surface of the pits offering potential for near term production. ....more

Torch River Completes Shares for Debt Transaction
October 4, 2013, Oakville, Ontario, Canada - Torch River Resources Ltd. (“Torch” or the “Company”) (TSX-V: TCR)(FRANKFURT: WNF)(U.S. pink sheets: TORVF) announces that it has settled an aggregate of $192,500 of debt that was owing to various arm's length consultants through the issuance of 2,750,000 common shares (“Debt Shares”) of Torch at a deemed price of $0.07 per share (the “Transaction”). ....more

Torch River Announces Shares for Debt transaction
October 1, 2013, Oakville, Ontario, Canada – Torch River Resources Ltd. (“Torch” or the “Company”) (TSX-V: TCR)(FRANKFURT: WNF)(U.S. pink sheets: TORVF) announces that in light of the Company’s current working capital position, and in order to preserve its cash to fund development of the Company’s ongoing projects, it has elected to issue shares to settle an aggregate of $192,500 of debt, which is owing to various arm’s length consultants pursuant to consulting agreements, through the issuance of 2,750,000 common shares (“Debt Shares”) of Torch at a deemed price of $0.07 (the “Transaction”). ....more

Torch River Closes $150,000 Private Placement, Management Invests 80% of the placement
September 18, 2013, Oakville, Ontario, Canada - Torch River Resources Ltd. (“Torch” or the “Corporation”) (TSX-V: TCR)(FRANKFURT: WNF)(U.S. pink sheets: TORVF) is pleased to announce that it has closed a non-brokered private placement financing resulting in aggregate gross proceeds of $150,000.. ....more

Torch Announces Private Placement
September 13, 2013, Oakville, Ontario, Canada - Torch River Resources Ltd. (“Torch” or the “Corporation”) (TSX-V: TCR)(FRANKFURT: WNF)(U.S. pink sheets: TORVF) is pleased to announce that it intends to complete a non-brokered private placement financing of up to 2,147,857 units (the “Units”) at a price of $0.07 per Unit for gross proceeds of approximately $150,000 (the “Offering”).. ....more

Torch River Closes Private Placement
August 30, 2013, Oakville, Ontario, Canada - Torch River Resources Ltd. (“Torch” or the “Corporation”) (TSX-V: TCR)(FRANKFURT: WNF)(U.S. pink sheets: TORVF) is pleased to announce that it has closed a private placement financing resulting in aggregate gross proceeds of $75,000. ....more

Torch River closes Private Placement 
August 28, 2013, Oakville, Ontario, Canada – Torch River Resources Ltd. (“Torch” or the “Corporation”) (TSX-V: TCR)(FRANKFURT: WNF)(U.S. pink sheets: TORVF) is pleased to announce that it has closed a private placement financing resulting in aggregate gross proceeds of $281,250. The private placement consisted of a $281,250 principal amount 10% convertible unsecured redeemable debenture (the “Debenture”). The Debenture matures in two years. . ....more

Torch River Closes Acquisition of Past Producing Walker Lump Graphite Mine
August 19, 2013, Oakville, ON, Canada - Torch River Resources Ltd. (“Torch” or the “Company”) (TSX-V: TCR) (FRANKFURT: WNF) (U.S. pink sheets: TORVF) is pleased to announce that the Company has closed an arm's length transaction to acquire the past producing Walker lump graphite mine and has receive final approval of the TSX Venture Exchange for the transaction... ....more

Torch Signs Term Sheet for the Acquisition of
Wallingford & Saint Jovite Lump Graphite Properties
August 15, 2013, Oakville, ON, Canada - Torch River Resources Ltd. (“Torch”, the “Company” or “We”) (TSX-V: TCR) (FRANKFURT: WNF) (U.S. pink sheets: TORVF), is pleased to announce that it has entered into a non-binding agreement with a non-arm's length party to acquire the Wallingford (the “Wallingford Property”) and Saint Jovite (the “St. Jovite Property” and together with the Wallingford Property the “New Properties”) lump graphite properties. The Company intends to sign a definitive binding agreement with respect to the New Properties shortly.. ....more

Torch River Announces Plan to Work Towards a Merger with Plumbago Refining
Corporation to Develop Lump Graphite Deposits in Sri Lanka
July 25, 2013, Oakville, ON, Canada – Torch River Resources Ltd. (“Torch” or the “Company”) (TSX-V: TCR) (FRANKFURT: WNF) (U.S. pink sheets: TORVF), is pleased to announce that it is working towards the terms of a proposed agreement to merge with Plumbago Refining Corporation (“PRC”). The goal of the proposed merger is to create a combined company that will be in a better position to advance the development of twenty (20) of their 49 former high- grade lump graphite mines located in southern Sri Lanka ... ....more

Torch River Announces Advisory Agreement and Shares for Debt Transaction
July 16, 2013, Oakville, Ontario, Canada – Torch River Resources Ltd. (“Torch” or the “Company”) (TSX-V: TCR)(FRANKFURT: WNF)(U.S. pink sheets: TORVF) is pleased to announce that effective April 30, 2013 it entered into an Advisory Agreement with Euro Pacific Canada Inc. ("Euro Pacific") to act as Torch's financial advisor. Euro Pacific's key role under the Advisory Agreement has been to assist Torch's management in addressing key financial planning and strategic development issues faced by the Company.  ....more

Torch River's Walker Lump/Vein Graphite Property Composite Grab Sample Yields Grades As High As 89.5% Cg in First Sampling Program
Composite Grab Sample Yields Grades As High As 89.5% Cg in First Sampling Program
July 11, 2013, Oakville, ON, Canada - Torch River Resources Ltd. (“Torch” or the “Company”) (TSX-V: TCR) (FRANKFURT: WNF) (U.S. pink sheets: TORVF), is pleased to announce the results of its first grab sampling program on its Walker lump/vein graphite property located approximately 100 km west of Montreal. The Company's geologist, Ms. Isabelle Robillard, P. Geo., Qualified Person, recently carried out a site visit to collect the initial composite grab samples.   ....more

Torch River closes Private Placement
July 3, 2013, Oakville, Ontario, Canada
Torch River Resources Ltd. (“Torch” or the “Corporation”) (TSX-V: TCR)(FRANKFURT: WNF)(U.S. pink sheets: TORVF) is pleased to announce that it has closed a private placement financing resulting in aggregate gross proceeds of approximately $300,000.  ....more

Torch Enters Binding Agreement to Acquire Walker Mine, Launches New Corporate Website, Adds New Executives and Reschedules AGM
June 13, 2013, Oakville, ON, Canada – Torch River Resources Ltd. (“Torch” or the “Company”) (TSX-V: TCR) (FRANKFURT: WNF) (U.S. pink sheets: TORVF) with reference to the press release dated May 21, 2013 is pleased to announce that agreement to acquire the past producing Walker lump graphite mine is now binding, but remains subject to the approval of the TSX Venture Exchange.  ....more

Torch River Announces Closing of Private Placement
June 3, 2013, Oakville, ON, Canada – Torch River Resources Ltd. (“Torch” or the “Company”) (TSX-V: TCR) (FRANKFURT: WNF) (U.S. pink sheets: TORVF) is pleased to announce that it has closed the second of a series of private placements (the “Second Offering”).  ....more 

Torch River Clarifies Announcement Concerning Closing of Private Placement
May 28, 2013, Oakville, ON, Canada – Torch River Resources Ltd. (“Torch” or the “Company”) (TSX-V: TCR) (FRANKFURT: WNF) (U.S. pink sheets: TORVF) with reference to the press release dated May 16, 2103 and in accordance with the TSX Venture Exchange's (“TSXV”) Bulletin dated April 12, 2013 Re: Private Placements – Extension and Modification of Temporary Relief From Certain Pricing Requirements (the “Temporary Relief Measures”) wishes to announce that the intended use of proceeds of private placement (the “Offering”) are as follows: ....more

Torch River Resources Announces Private Placement for Proceeds of $75,000
May 27, 2013 Torch River Resources (TSX VENTURE:TCR) ("Torch" or the "Company") ”) is pleased to announce the second of a series of a non-brokered private placements of 2,500,000 units (the “Units”) at a price of $0.03 per Unit for gross proceeds of $75,000 (the “Second Offering”).  ....more

Torch River to acquire past producing Walker lump graphite mine in Quebec
May 21, 2013 - Torch River Resources (TSX VENTURE:TRC) ("Torch" or the "Company") ”) is pleased to announce that the Companyhas entered into an arm’s length agreement to acquire the past producing Walker lump graphite. ....more

Torch River Announces Closing Of Private Placement And Sets Date For It's AGM
May 16, 2013 Torch River Resources (TSX VENTURE:TRC) ("Torch" or the "Company") is pleased to announce that it's annual meeting of shareholders will be held on July 15, 2013 in Calgary, Alberta. ....more

Torch River Resources Announces Private Placements for Proceeds of up to $900,000
May 7, 2013 Torch River Resources (TSX VENTURE:TRC) ("Torch" or the "Company") ”) is pleased to announce a non-brokered private placement of 2,500,000 units (the “Units”) at a price of $0.03 per Unit for gross proceeds of approximately $75,000 (the “Offering”). ....more

Former Canada Carbon CEO, Paul Ogilvie, Ignites Torch
April 30, 2013, Oakville, ON, Canada – Torch River Resources Ltd. (“Torch” or the “Company”) (TSX-V: TCR) (FRANKFURT: WNF) (U.S. pink sheets:TORVF), is pleased to announce that effective immediately, Mr. Paul Ogilvie, former CEO of Canada Carbon Inc., has been appointed to Chairman of the Board and CEO of Torch. Dr. William Pfaffenberger, former CEO and currently President of Torch River Resource, commented, “We are pleased to have Mr. Ogilvie as CEO and Director of our company as we begin the first step to becoming a leading carbon company”. ....more

Torch River Announces Private Placement
March 13, 2013 - Torch River Resources Ltd. ("Torch" or the "Corporation") is pleased to announce a non-brokered private placement of up to 5,000,000 shares (the "Shares") at a price of $0.015 per share for gross proceeds of approximately $75,000 (the "Offering"). ....more


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