Saint Jean Carbon Inc.
TSX VENTURE : SJL

Saint Jean Carbon Inc.

November 05, 2015 14:35 ET

Saint Jean Carbon Files Patent for Continuous Feed Graphene Production

OAKVILLE, ONTARIO--(Marketwired - Nov. 5, 2015) - Saint Jean Carbon Inc. ("Saint Jean" or the "Company") (TSX VENTURE:SJL), a carbon sciences company engaged in the development of natural graphite properties and related carbon products, is pleased to announce that due to the results of the research developments and findings through the work of the universities, the company has filed the first primary patent with five more to follow with numerous secondary patents. The primary patent involves the production of graphene, without harsh chemicals, along with a high degree of stability and large volume.

Paul Ogilvie, CEO, commented: "Our work with the universities have helped us a great deal and we are very pleased with the completion of our patent filing. Graphene has many possible applications, however the ability to produce the material and manage it has been elusive. We are enthusiastic that the filing of the patent and the efforts of our engineering may lay a path to the very solution needed".

The principal engineering behind the patent, calls for a pressurized vessel containing salt water and reagents that self-circulate and is disrupted by harmonic vibration. The effects of the salt water and reagents, electrify the pretreated and sized graphite, encouraging the platelets to separate and with the use of upward force through pressurized oxygen the graphene floats to the top of the cell, where electromagnetic force removes the graphene from the cell. The entire process is a continuous feed to hopefully produce high volumes of material. Finally, the recover port is design to allow for many different storage dispersible materials. One of the difficulties in controlling the effects of the superparamagnetic graphene has led to the use of a controlling electromagnetic field as a way to control the movement of the graphene. Essentially turning it off and leading to a specific point.

The company intends on completing the quarter scale version to help in the development of a full-scale system. As the systems will run in a continuous flow, the company's focus on the engineering of pre- and post-handling system is a top priority. With so many industry applications, the company will focus on 10 of the top applications, such as; polymers, coating, fluids and biomedical engineered products. Each application will have an industry partner to assure that the material created, can be put in to production, can solve and greatly improve the products functionally and overall performance.

Conductive graphene application development will continue with the help of the teams at the universities, with specific focus on engineering the graphene to preform to specific design requirements. Further, the development of applications for lithium batteries, will continue along side of the other proposed applications with one industry partner with a specific goal to greatly enhance the performance of the lithium battery for electric vehicles and to create materials that will interconnect the workings of the electric vehicle by providing near zero resistance between cells, controllers, etc. It is considered, that reducing resistance between each module or controlling device could greatly help the distance performance of an electric vehicle.

The engineering diagram shows the basic details of the system and principal flow of material. Both the pre- and post-functions of the system will be released at a later date. The second patent application on our engineered spherical shaping of graphite for the lithium battery industry will be released on Monday November 9, 2015.

To view the figure associated with this release, please visit the following link: http://media3.marketwire.com/docs/1031584a.pdf

Dr. Don MacIntyre, the Company's geologist, P. Geo., and Qualified Person, reviewed and approved the technical and scientific information in this release.

About Saint Jean

Saint Jean is a publicly traded carbon sciences company, with interest in graphite mining claims on five 100% Company-owned properties located in the province of Quebec in Canada. The five properties include the Walker property, a past producing mine, the Wallingford property, the St. Jovite property, East Miller and Clot property. For information on Saint Jean's other properties and the latest news please go to the website: www.saintjeancarbon.com

On behalf of the Board of Directors

Saint Jean Carbon Inc.

Paul Ogilvie, CEO and Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Saint Jean's business and affairs. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "intends" "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Such forward-looking statements include those with respect to the Company's intention to complete the Offering, use the proceeds of the Offering as working capital to fund the continued development of the Company's business, the Company's intention to complete the Divestitures and the intention to become a graphite procuring company.

These forward-looking statements are based on current expectations, and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially. The forward-looking statements in this news release assume, inter alia, that the conditions for completion of the Transaction, including regulatory and shareholder approvals, if necessary, will be met.

Although Saint Jean believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that these expectations will prove to be correct. There are risks which could affect Saint Jean's ability to complete the Transaction, the impact of general global economic conditions and the risk that they will deteriorate, industry conditions, including fluctuations in the price of supplies and the risk that they will increase, that required consents and approvals from regulatory authorities will not be obtained, that activity in the lump or vein graphite business will not be at the level or of the nature anticipated, liabilities and risks inherent in Saint Jean's operations, technical problems, equipment failure and construction delay.

Statements of past performance should not be construed as an indication of future performance. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors, including those discussed above, could cause actual results to differ materially from the results discussed in the forward-looking statements. Any such forward-looking statements are expressly qualified in their entirety by this cautionary statement.

All of the forward-looking statements made in this press release are qualified by these cautionary statements. Readers are cautioned not to place undue reliance on such forward-looking statements. Forward-looking information is provided as of the date of this press release, and Saint Jean assumes no obligation to update or revise them to reflect new events or circumstances, except as may be required under applicable securities laws.

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