UPDATE: Canada Carbon Enters Into Distribution Agreement With German Specialty Graphite Products Company; Shares Jump 14% Higher
Canada Carbon Inc. (CCB.V) has entered into an Exclusive Distribution Agreement between Canada Carbon Inc., and CGT Carbon GmbH, a German company. This gives Canada Carbon the exclusive right to market, distribute and sell any and all products in the territory of Canada, Mexico and New York, Pennsylvania, Ohio, Michigan, Illinois, Wisconsin, Massachusetts, Maryland, New Jersey and Indiana.
The term of the Agreement is ten years with an option to renew for two additional ten-year periods.
Canada Carbon is up 1.5 cents to 12 cents late morning, on volume 12,000.
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