Analytical Reference Materials Int’l Places Initial Order to Develop Certified Reference Material
05 March 2020 - 11:00PM
Canada Carbon Inc. (the “Company”) (TSX-V:
CCB) is pleased to announce that the Company has received
an initial order from Analytical Reference Materials International
(“ARMI”), a subsidiary of LGC Standards Company (“LGC”), a global
leader in the life sciences sector. This initial order of 50,000
grams of the Miller thermally purified graphite is to be used in
the development of a Certified Reference Material (“CRM”) for the
analysis of ultra-high purity graphite samples. The CRM will be
developed and marketed by LGC, with a retail selling price
comparable to the lower purity BAM S009 (NBG 18) reference
material. The order is renewable for 100,000 gram lots, on the same
terms. Additional CRM materials based on Miller graphite are under
development by the two companies.
Many high-technology industries depend on high
purity materials. The scientific instruments used to measure
material purity must be calibrated to ensure their accuracy. The
calibration procedure depends on Certified Reference Materials
(CRMs) of known composition. The certificate accompanying the CRM
not only provides the composition of the sample, it also estimates
any uncertainty in those values, as well as providing information
that indicates the origin and development process for the reference
material. It is important to calibrate an analytical device using a
CRM with similar properties to the materials to be subsequently
analyzed on it. Therefore, the accuracy of ultra-high purity
material analysis depends on ultra-high purity CRMs. Because
analytical instrument calibration is a recurrent requirement to
maintain not only analytical accuracy, but also laboratory
accreditation, there is a constant demand for CRMs.
David Coler, Vice President and General Manager
at LGC Standards, commented, “We at LGC are always looking for
opportunities to produce reference materials that support
scientific advances in industry. We focus on creating
reference materials used for quality control in mission critical
applications following our mission of science for a safer
world.
Recent interest in the development of Generation
IV small modular reactors for the generation of green energy led us
to consider the material certification requirements for testing,
certification and construction of this technology. We learned that
there were no ultra-high purity graphite CRMs available in the
marketplace. This agreement with Canada Carbon will allow us to
satisfy this demand. We will also look for other opportunities in
other applications which require high purity graphite material
certification.”
Executive Chairman and CEO R. Bruce Duncan
remarked, “We have received inquiries from laboratories around the
world requesting CRM samples; however, we have chosen to partner
with a world leader in the reference material marketplace, LGC
Standards Company. We look forward to building this relationship
over time. This agreement with LGC will enable us to quantify
the market potential (volume and pricing) of our graphite in the
CRM space. This information will be useful in validating economic
assumptions that will be incorporated in our future feasibility
study.”
About LGC Group:
LGC is an international leader in the extended
life sciences sector, including human healthcare, agri-food &
the environment. LGC’s 2,300 employees include
internationally-recognized scientists who are experts in their
field. Headquartered in London, it operates out of 19 countries
worldwide and is extensively accredited to quality standards such
as GMP, GLP, ISO 13485, ISO 17034, ISO 17043, ISO/IEC 17025 and ISO
9001. www.LGCGROUP.com
LGC provides a comprehensive range of reference
materials, proficiency testing schemes, genomics reagents and
instrumentation, research and measurement services. Its scientific
tools and solutions form an essential part of our customers’
quality and compliance procedures enabling them to provide safer
products, develop new solutions and advance research.
Through a collaborative and consultative
approach, LGC’s products and technology platforms help their
customers bring new therapies to market; optimize food safety and
production; enable diagnoses to be made more accurately; and
support progressing product discovery through to manufacture with
quality and consistency. In this way, LGC plays its part in
addressing important global drivers such as a growing and ageing
population, globalization and rise of emerging markets.
CANADA CARBON INC. “R. Bruce Duncan”CEO and
Director
Contact InformationE-mail
inquiries: info@canadacarbon.comP: (905) 813-8408
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FORWARD LOOKING STATEMENTS:
This news release contains forward-looking statements, which relate
to future events or future performance and reflect management’s
current expectations and assumptions. Such forward-looking
statements reflect management’s current beliefs and are based on
assumptions made by and information currently available to the
Company. Investors are cautioned that these forward looking
statements are neither promises nor guarantees, and are subject to
risks and uncertainties that may cause future results to differ
materially from those expected. These forward-looking statements
are made as of the date hereof and, except as required under
applicable securities legislation, the Company does not assume any
obligation to update or revise them to reflect new events or
circumstances. All of the forward-looking statements made in this
press release are qualified by these cautionary statements and by
those made in our filings with SEDAR in Canada (available at
www.sedar.com).
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