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Volt Carbon Technologies Inc. Regulatory Filings 2021

Jan 12, 2021

45455_rns_2021-01-12_d89c7a7d-06f2-412e-b559-71370087c33a.pdf

Regulatory Filings

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FORM 51-102F3 MATERIAL CHANGE REPORT

Item 1. Name and Address of Company

Saint Jean Carbon Inc. (“ Saint Jean ” or the “ Company ”) Suite 117 – Arcuri Business Centre 70 Country Hills Landing NW Calgary, AB T3K 2L2

  • Item 2. Date of Material Change

January 4, 2021.

Item 3. News Release

A news release with respect to the material change was issued by the Company on January 6, 2021 and disseminated in Canada through the facilities of Globe Newswire.

Item 4. Summary of Material Change

On January 6, 2021, the Company announced the issuance of a loan bonus to Gilles Ayotte and Bernice Cooper (the “ Lenders ”) of 115,000 common shares in the capital of the Company in the aggregate (the “ Bonus Shares ”) at a deemed price of $0.05 per Bonus Share. The Bonus Shares were issued pursuant to Policy 5.1 of the TSX Venture Exchange (the “ Exchange ”) and have been approved by the Exchange. The Bonus Shares are subject to a four month and one (1) day hold period.

Item 5. Full Description of Material Change

  • On January 4, 2021, the Company announced the issuance of a loan bonus to the Lenders of the Bonus Shares at a deemed price of $0.05 per Bonus Share. The Bonus Shares were issued pursuant to Policy 5.1 of the Exchange and have been approved by the Exchange. The Bonus Shares are subject to a four month and one (1) day hold period.

Item 6. Reliance on subsection 7.1(2) of National Instrument 51-102

Not Applicable.

  • Item 7. Omitted Information

None.

  • Item 8. Executive Officer

William Pfaffenberger, Chairman of the Board, Chief Executive Officer and President Telephone: (250) 381-6181

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Item 9.

Date of Report

January 12, 2021.

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