Great Lakes Graphite (TSXV: GLK) Adds Depth to Board and Management Team
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Toronto, Ontario - (Newsfile Corp. - August 28, 2014) (www.investorideas.com newswire) Great Lakes Graphite Inc. ("Great Lakes" the "Company") (TSXV: GLK) is pleased to announce that the Board of Directors has appointed Brad Barnett as a new member of the Board. Mr. Barnett joins the Great Lakes Graphite Board of Directors as a representative for Rock Tech Lithium, per the acquisition agreement for the Lochaber Graphite Property.
Mr. Barnett has been involved in the mineral exploration industry since 2007. Brad currently serves as the Corporate Secretary and Vice President of Corporate Finance & Development of Rock Tech Lithium Inc. Prior to joining Rock Tech, he spent three years with a company that managed and provided startup funding for junior mining companies listed on the TSX Venture Exchange. Mr. Barnett has extensive experience in the areas of regulatory filings, compliance and finance. Mr. Barnett holds a Master of Science in Corporate Finance from the University of Liverpool, a Bachelor of Business Administration (Honours) and a Diploma in Financial Management (Honours) from the British Columbia Institute of Technology.
Great Lakes Graphite is also pleased to announce that Paul Ferguson has been appointed Chief Marketing Officer while continuing to serve on the Board of Directors. Mr. Ferguson's responsibilities include all marketing and brand development, development and oversight of a Customer Sampling Program and implementing new technology platforms to prepare the company for its next phase of development.
Great Lakes is benefiting from Paul's experience in high technology and the CRM sector by adopting Software-as-a-Service tools that provide powerful collaboration capabilities to geographically distributed teams, on scalable and economic platforms.
Great Lakes wishes to announce that it has granted options to purchase up to 200,000 common shares of Great Lakes at the price of $0.12 per share expiring on August 27, 2019. The options were granted to a director of the Company in accordance with Great Lakes' stock option plan and the requirements of the TSX Venture Exchange.
About Great Lakes Graphite:
Great Lakes Graphite Inc. is an industrial minerals company with the mandate to bring graphite projects to production through the acquisition and development of high quality natural graphite properties.
Graphite has moved to the forefront of the Industrial Mineral World as a Critical Mineral required for industrial use and as a major component in the development of new technologies. With the advancement of battery storage, mobile battery systems and alternative energy infrastructure, it is estimated that 20 new graphite mines will be required to keep up with demand by the year 2020.
As there are currently no graphite mines producing in North America, Great Lakes Graphite has the ability to become one of the first producers to supply a growing regional customer base that requires high purity graphite, where pricing and demand continue to rise.
The company, through strategic acquisitions and capable management will become a leader in the industrial minerals marketplace. The Company's flagship graphite property is located in the Lochaber Township of southwestern Québec. The Company has also entered into option and joint venture agreements with Eloro Resources Inc. on the Summit-Gaber Cobalt property located in the La Grande Greenstone Belt in the James Bay region of Québec.
For more information, please contact:
Paul A. Gorman, CEO
Great Lakes Graphite Inc.
First Canadian Capital Corp.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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