Markets

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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos

MTNewswires

Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

Learn More