Big North Graphite C (BNCID) 0.0521 $BNCID
Big North Drops El Tejon Option
TheNewswire.ca - Fri Jul 03, 7:30AM CDT
(via Thenewswire.ca)
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Big North Announces Notice of Default on El Tejon Project and Resignation of Directors
ACCESSWIRE - Fri Jun 05, 8:08AM CDT
VANCOUVER, BC / ACCESSWIRE / June 5, 2015 / BIG NORTH GRAPHITE CORP. (TSXV: NRT) (the "Company" or "Big North"

, announces that it has received notice alleging that it is in default under its property agreement (as detailed in the Company's press release dated February 5, 2014), as amended, (the "Acquisition Agreement"

for the El Tejon project in Oaxaca, Mexico. Under the terms of the Acquisition Agreement, the company was required to make a cash payment on June 1, 2015. Pursuant to the terms of the Acquisition Agreement, Big North has 30 days from receipt of the notice to cure the default. In the event that the Company elects not to cure during the 30 day period, the vendor's sole and exclusive remedy is limited to the return of the El Tejon property and Big North will have no further obligations or liabilities to the vendors pursuant to the Acquisition Agreement or otherwise. Management of the Company is currently considering all options available to it and will issue a further news release once a definitive decision is made.
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Big North Announces Private Placement
GlobeNewswire - Thu May 14, 8:02AM CDT
BIG NORTH GRAPHITE CORP. (TSX-V:NRT) (the "Company" or "Big North"

, is pleased to announce that it intends to complete a non-brokered private placement of up to 7,000,000 units (the "Units"

at a price of $0.07 per Unit, for gross proceeds of up to $490,000 (the "Offering"

. Each Unit will consist of one common share (a "Share"

and one half common share purchase warrant (a "Warrant"

. Each full Warrant will entitle the holder thereof to purchase one Share at an exercise price of $0.10 for a period of 24 months following the closing of the Offering.
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