Corporate Update and Change to the Board of Directors
Mason Graphite Inc. ("Mason Graphite" or "the Company") (TSX.V: LLG; OTCQX: MGPHF) is pleased to present a corporate update and a change to its Board of Directors.
VALUE ADDED PRODUCT PROJECT BECOMES PRIORITY, MINE AND CONCENTRATOR PROJECT PUT ON HOLD
Current market conditions have led Mason Graphite Inc. ("Mason Graphite" or "the Company") to re-prioritize its projects. Therefore, Mason Graphite announces that the second transformation project (coated spherical graphite) has become the priority of the Company while the first transformation project (mine and concentrator) has been postponed.
Mason Graphite Announces Board and Management Changes
Mason Graphite Inc. ("Mason Graphite" or the "Corporation") (TSX.V: LLG; OTCQX: MGPHF) announces today that Mr. Benoit Gascon. President, Chief Executive Officer and Director will retire, effective March 31, 2020.
Positive Test Results in Lithium Ion Cells for Mason Graphite's Anode Material
The battery test results obtained on a pilot batch of spherical graphite for Li-ion batteries from Mason Graphite Inc. (Mason Graphite or the Company) as part of a value-added product (VAP) development project are positive.
Mason Graphite Sells NanoXplore Shares for Net Proceeds of $ 28.2M
Mason Graphite Inc. ("Mason Graphite" or "the Company") (TSX.V: LLG; OTCQX: MGPHF) announces the sale, on September 9, 2019, of its investment in NanoXplore Inc. ("NanoXplore") (TSX-V: GRA; OTCQX: NNXPF).
NanoXplore announces change in its shareholder structure and welcomes new shareholders
NanoXplore Inc. ("NanoXplore" or the "Corporation") (TSX-V: GRA and OTCQX: NNXPF) is pleased to announce that on September 92019, Mason Graphite Inc. ("Mason Graphite") (TSXV: LLG and OTCQX: MGPHF) sold its entire NanoXplore ownership position that resulted in a transaction of 22,188,333 shares to a group of buyers that included Martinrea International Inc. ("Martinrea") (TSX: MRE and OTCQX: MRETF), Caisse de depot et placement du Quebec, and Investissement Quebec.
Mason Graphite Announces Exercise of Warrants in NanoXplore Inc. and Filing or Early Warning Report
Mason Graphite Inc. ("Mason Graphite" or "the Company") (TSX.V: LLG; OTCQX: MGPHF) announces it filed an early warning report today in connection with the exercise by Mason Graphite of 1,111,111 warrants to purchase common shares in the capital of NanoXplore Inc., a publicly listed company on the TSX Venture Exchange trading under the ticker symbol GRA, at an exercise price of $0.70 per share. The warrants had been acquired by Mason Graphite pursuant to a private placement completed by NanoXplore in the third quarter of 2017.
Acquisition of a Land of 73 Hectares: Mason Graphite Officially Becomes a Corporate Citizen of the City of Baie-Comeau
On the occasion of Mason Graphite's luncheon conference in Baie-Comeau, the Mayor of Baie-Comeau, Yves Montigny, and Benoit Gascon, President and Chief Executive Officer of Mason Graphite, announced the acquisition of a 73-hectare site, at an approximate cost of $ 663,000, by the company in Jean-Noel-Tessier Park.
Headway in Mason Graphite's Lac Gueret Project
Mason Graphite Inc. ("Mason Graphite" or "the Company") (TSX.V: LLG; OTCQX: MGPHF) provides an update on recent activities related to the Lac Gueret graphite mine and concentrator project (the "Project"). Significant progress has also been made on value-added products development and a dedicated press release will soon follow on this topic.
Mason Graphite Announces the Resignation of Patrick Godin From Its Board of Directors
Mason Graphite Inc. ("Mason Graphite" or "the Company") (TSX.V: LLG; OTCQX: MGPHF) announces the resignation of Mr. Patrick Godin from its Board of Directors, the cumulation of his current functions preventing Mr. Godin from meeting his obligations to the Board of the Company.