|Saint Jean Carbon to take part in two NSERC grants|
2017-11-02 15:10 ET - News Release
Mr. Paul Ogilvie reports
SAINT JEAN CARBON IS PARTICIPATING IN TWO NSERC GRANTS
Saint Jean Carbon Inc. will be participating in two collaborative research and development grants from the National Sciences and Engineering Research Council of Canada (NSERC).
The first grant for $350,000 is for the continued collaborative research and development of modification and scale-up of graphene for supercapacitor applications. The company will work with the University of Waterloo to develop the supercapacitor. A supercapacitor made with graphene is very similar to a graphene lithium-ion battery, expect for the supercapacitor battery may have a higher rate of charge and discharge. The terms for the grant are divided over three years based on availability of funds. In addition to the funds provided by NSERC, the company will provide $100,000 per year to the university and $50,000 of in-kind support through the supply of materials, processing and engineering. If the project creates intellectual property, know-how or patents from the collaborative work, the company and the university engineer(s) will share in the ownership on a 50/50 basis.
The second grant for $60,000 over two years to the University of Western Ontario is for the collaborative research and development of luminescent carbon dots for multiapplications. The company will work with the university to further the research that was started last year with the development of carbon dots for a variety of applications (as previously announced in press release dated Dec. 20, 2016). The many applications also include the use of dots for solar panels, as the company continues to develop energy storage solutions, energy creation is also a very important research field. The term of the grant is for two years. In addition to the funds provided by NSERC, the company will also contribute $15,000 per year to the university and $19,720 per year of in-kind support through the supply of materials, processing and engineering. If the project creates intellectual property, know-how or patents from the collaborative work, the company and the university will share in the ownership on a 50/50 basis.
Paul Ogilvie, chief executive officer, commented, "The continued support of the NSERC via the University of Western Ontario and Waterloo is very valuable to the company; this support helps greatly as we forge forward with the research and development of carbon material for the green energy storage, green energy creation and green recreation."
The company will provide details of the research results as they become available.
About Saint Jean Carbon Inc.
Saint Jean is a publicly traded carbon science company with specific interests in energy storage and green energy creation and green recreation, with holdings in graphite mining and lithium claims in the province of Quebec in Canada.
We seek Safe Harbor.