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     418  0 Kommentare Saint Jean Carbon Prepares for the Future Air Batteries - Seite 2

    The proposed transaction is subject to TSX approval, the term sheet states the company will issue 1,500,000 shares at closing and will pay $10,000 in March 2016. Further payments of 100,000 shares will be paid out, if the property meets certain milestones related to quality and tonnage. Dr. Don MacIntyre, the Company's geologist, P. Geo., and Qualified Person, reviewed and approved the technical and scientific information in this release.

    About Saint Jean

    Saint Jean is a publicly traded carbon sciences company, with interest in graphite mining claims on five 100% Company-owned properties located in the province of Quebec in Canada. The five properties include the Walker property, a past producing mine, the Wallingford property, the St. Jovite property, East Miller and Clot property. For information on Saint Jean's other properties and the latest news please go to the website: www.saintjeancarbon.com

    On behalf of the Board of Directors

    Saint Jean Carbon Inc.

    Paul Ogilvie, CEO and Director

    Neither 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 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", "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 complete the Offering, use the proceeds of the Offering as working capital to fund the continued development of the Company's business, the Company's intention to complete the Divestitures and the intention to become a graphite procuring company.

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    Verfasst von Marketwired
    Saint Jean Carbon Prepares for the Future Air Batteries - Seite 2 OAKVILLE, ONTARIO--(Marketwired - Nov. 26, 2015) - Saint Jean Carbon Inc. ("Saint Jean" or the "Company") (TSX VENTURE:SJL), a carbon sciences company engaged in the development of natural graphite properties and related carbon products, is pleased …