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Standard Graphite Announces Senior Vice-President, Business Development

Posted by AGORACOM-JC at 8:23 AM on Tuesday, April 10th, 2012

VANCOUVER, BRITISH COLUMBIA–(Marketwire – April 10, 2012) – Standard Graphite Corp. (TSX VENTURE:SGH) (the “Company”) is pleased to announce the appointment of Benoît Gascon as its new Senior Vice-President, Business Development, effective April 10, 2012. Mr. Gascon is a highly experienced graphite executive and will play a key role in ensuring Standard Graphite achieves its strategic growth initiatives.

Mr. Gascon has over 20 years experience in the graphite industry. He was President of Stratmin Graphite, which owned one of North America’s only producing graphite mines, “Lac des Iles”. Mr. Gascon was responsible for negotiating the complete take-over of Stratmin Graphite by Imerys SA, a world leader in Industrial Minerals (annual sales of ~ C$4.9 billion and 15,000 employees) to form Timcal Graphite & Carbon, a world leader in its industry with 500 employees on 14 sites in 9 countries).

Mr. Gascon remained at Timcal in senior executive roles such as: Senior VP Business Development and Strategy, Senior VP Sales & Corporate Development & Senior VP Sales, and Deputy General Manager. Mr. Gascon’s various roles enabled him to utilize his expertise in many facets within the organization such as:

  • Developed a sales strategy by expanding applications to each client and expanding geographically the client base from USA to Europe, Japan, and further afield. He assisted in the growth of the company from one plant to seven plants worldwide.
  • Supervised nine industrial and commercial sites including corporate monitoring of eight legal entities, located in seven countries, in order to ensure the compliance to the laws, regulations, and procedures.
  • Restructured the division’s commercial structure & implemented a worldwide network aimed at ensuring a direct and continuous contact with the graphite customers.
  • Managed the group’s Canadian operations leading to the first operating profits and implemented an adapted sales structure.

“We are pleased to have someone of Benoît’s calibre join our management team,” said Chris Bogart, President and Chief Executive Officer. “As a highly regarded industry professional with extensive experience from operations to sales and marketing, Benoît’s in-depth knowledge and key industry relationships will ensure our ability to execute our long term goals.”

Mr. Gascon holds a Bachelor’s Degree in Business Administration from the École des Hautes Études Commerciales, as well as Chartered Accountant (CA) and Certified Management Accountant (CMA) designations.

About Standard Graphite

Standard Graphite Corp is focused exclusively on the exploration and development of a large portfolio of flake graphite properties in Canada. The company is rapidly positioning itself as North America’s premier pure-play graphite exploration company and it controls 100% interest in 13 highly prospective graphite properties within known graphite districts in both Quebec and Ontario. An aggressive 2012 exploration strategy has commenced and will be implemented by a geologic team with the pedigree of a previous world-class graphite discovery.

ON BEHALF OF THE BOARD

Chris Bogart, President & CEO

Cautionary Statement:

The foregoing information may contain forward-looking statements relating to the future performance of Standard Graphite Corp. Forward-looking statements, specifically those concerned with future performance are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in Standard Graphite Corp.’s filings with the appropriate securities commissions.

Neither the 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.

Contact Information

 

G2 Consultants Corp.
Investor Inquiries
(604) 742-9990 or NA Toll-Free: (866) 742-9990
[email protected]

Standard Graphite Corp. – Corporate Information
Chris Bogart
President & CEO
(604) 683-2509
(604) 683-2506 (FAX)
[email protected]
www.standardgraphite.com

Standard Graphite Announce Brokered Private Placement for Up to $3,000,000

Posted by AGORACOM-JC at 9:11 AM on Thursday, April 5th, 2012

VANCOUVER, BRITISH COLUMBIA–(April 5, 2012) – Standard Graphite Corp. (TSX VENTURE:SGH) (the “Company”) has entered into an agreement with Industrial Alliance Securities Inc. (the “Agent”), for a Brokered Private Placement on a “best efforts” basis for gross proceeds of up to $3,000,000 (the “Offering”).

The Offering consists of the issuance of a maximum 3,529,411 units at a price of $0.85 per unit (the “Units”).

Each Unit will consist of one common share at a price of $0.85 and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to subscribe for one common share at a price of $1.10 for a period of eighteen (18) months following the closing of the Offering. The Warrants are subject to an accelerated expiry which comes into effect once the shares trade above a weighted average price of $1.35 for any twenty consecutive trading-day period, subsequent to four months from Closing. In the event of an accelerated expiry, the expiry date will be the earlier of the regular 18 month expiry date and the 30 days from the date the Company advises the placees of the accelerated expiry.

The net proceeds from the issuance of the Units of the Offering will be used by the Company to incur expenditures on the Company’s Quebec and Ontario high priority graphite properties.

At the closing of the Offering, the Issuer shall pay to the Agent a fee equal to 7% of the gross proceeds received by the Issuer from the sale of Units sold pursuant to the Offering. The Issuer shall grant to the Agent compensation options entitling it to purchase that number of Common Shares equal to 7% of the total number of Units sold pursuant to the Offering, exercisable in whole or in part at the price of the Units for a period of 18 months from the closing of the Offering.

The Offering is scheduled to close on or about April 17, 2012 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange. All securities issued pursuant to the Offering will be subject to a four month and one day hold period from the date of closing of the Offering.

About Standard Graphite

Standard Graphite Corp. is focused exclusively on the exploration and development of a large portfolio of flake graphite properties in Canada. The company is rapidly positioning itself as North America’s premier pure-play graphite exploration company and it controls 100% interest in 12 highly prospective graphite properties within known graphite districts in both Quebec and Ontario. An aggressive 2012 exploration strategy has commenced and will be implemented by a geologic team with the pedigree of a previous world-class graphite discovery.

Standard Graphite’s nine Quebec properties are all located within these districts and centered on the metasedimentary belts of the Grenville with known marble/gneiss lithologies considered essential to host graphite deposit. They have also been metamorphosed to sufficiently high grade to produce the larger graphite flakes.

They are located within the three major graphite districts in Quebec; Wakefield, North Shore and New Quebec with notable deposits such as Lac des Iles (Timcal) and Lac Knife (Focus Metals).

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold.

ON BEHALF OF THE BOARD

Chris Bogart, President & CEO

Cautionary Statement:

The foregoing information may contain forward-looking statements relating to the future performance of Standard Graphite Corp. Forward-looking statements, specifically those concerned with future performance are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in Standard Graphite Corp.’s filings with the appropriate securities commissions.

Neither the 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.

Contact Information

 

Standard Graphite Corp.
Chris Bogart
President & CEO
(604) 683-2509
(604) 683-2506 (FAX)
[email protected]
www.standardgraphite.com

Investor Inquiries
G2 Consultants Corp.
NA Toll-Free: (866) 742-9990 or (604) 742-9990
[email protected]

Standard Graphite Options Quebec Graphite Claims

Posted by AGORACOM-JC at 8:34 AM on Wednesday, April 4th, 2012

VANCOUVER, BRITISH COLUMBIA–(April 4, 2012) – Standard Graphite Corp. (TSX VENTURE:SGH) (the “Company”) is pleased to report that it has signed an option to acquire a 100% interest in 31 mining claims in Quebec. The mining claims are located in rusty graphitic gneisses similar to the ones in Fermont, Quebec.

Terms

The company has the option to earn a 100% interest in a graphite property from Hamish Ross (the “Vendor”) by making the following payments and issuing the following common shares to the Vendor: (i) $5,000 and 50,000 common shares on receipt of the TSX Venture (“TSXV”) acceptance of the Definitive Option Agreement; (ii) 100,000 common shares 4 months from signing the Definitive Option Agreement, and; (iii) 100,000 common shares 6 months from signing the Definitive Option Agreement. The agreement remains subject to acceptance by the TSXV. A finder’s fee will be payable with respect to the transaction pursuant to the policies of the TSXV.

ON BEHALF OF THE BOARD

Chris Bogart, President & CEO

Cautionary Statement:

The foregoing information may contain forward-looking statements relating to the future performance of Standard Graphite Corp. Forward-looking statements, specifically those concerned with future performance are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in Standard Graphite Corp.’s filings with the appropriate securities commissions.

Neither the 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.

Contact Information

 

Standard Graphite Corp. – Corporate Information
Chris Bogart
President & CEO
(604) 683-2509
(604) 683-2506 (FAX)
[email protected]
www.standardgraphite.com

G2 Consultants Corp.
Investor Inquiries
NA Toll-Free: (866) 742-9990 or (604) 742-9990
[email protected]

Cavan Acquires Prospective Quebec Graphite Property

Posted by AGORACOM-JC at 4:04 PM on Tuesday, April 3rd, 2012

VANCOUVER, BRITISH COLUMBIA–(April 3, 2012) – Cavan Ventures Inc. (“Cavan” or the “Company”) (TSX VENTURE:CVN) announces that it has signed an agreement to acquire claims located in Quebec. The claims cover approximately 1140 hectares of ground adjacent to the historic Asbury Graphite Mine, the historic minesite area, and a large unexplored mag anomaly identified on Gestim online. The Asbury Graphite Mine area is located approximately 30km south of the TIMCAL graphite mine, one of only two currently producing graphite mines in Canada.

The Asbury Graphite mine had historic production from 1980 to 1988. The following information (file number 31J/04-0016 – The Asbury Mine), was derived from the Quebec Department of Natural Resources website at http://www.mrnf.gouv.qc.ca/mines/industrie/mineraux/mineraux-exploration-graphite.jsp and contains: The discovery of graphite occurred in 1951 with work continuing intermittently over the years. In 1974, Graphex Mines Inc., guided by surface sampling, outlined a bed with graphite content ranging from 20 to 35% carbon. Reserves in 1975 were listed at 300,000 tonnes at 10.0% carbon. The reserve estimates are historical, and a qualified person has not done sufficient work to classify the historical resource estimate as current mineral resources, therefore these historical reserves should not be relied upon, and do not have currently demonstrated economic viability. Historical reserve estimates do not meet the CIM Definition Standards for a Mineral Reserve as referred to in Section 1.2 of the National Instrument 43-101, as they have not been demonstrated by at least a Preliminary Feasibility Study. A full review of all historic data by a qualified person, including quality assessment of results, possibly with additional drilling, would likely be necessary to bring the resource into compliance with National Instrument 43-101.

The ground is located within the Grenville metasedimentary belt of rocks which have hosted several historic graphite mines and numerous graphite occurrences. The general host geology of the Asbury Graphite mine is crystalline limestone/marble, pegmatites and quartzites.

Terms of the acquisition have Cavan making cumulative payments of $75,000 and issuing one million common shares of the Company over 2 years. A 2% NSR will also be issued with the option to purchase back 1% for $1 million. A finder’s fee will be payable on this transaction. This transaction is subject to TSX Venture approval.

The technical contents of this release were approved by Marvin Mitchell, P. Eng., a qualified person as defined by National Instrument 43-101.

Cavan Venture’s mission is to identify, acquire, and advance high potential mining prospects located in North America for the benefit of its stakeholders. For more information visit the website at www.cavanventures.com.

ON BEHALF OF THE BOARD

Peter P. Swistak, President

Forward-Looking Statement:

Some statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Cavan Ventures Inc. Actual results may differ materially from those currently anticipated in such statements.

Neither the 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.

Contact Information

 

Cavan Ventures Inc.
1-604-683-3995 or Toll Free: 1-88-945-4770
1-604-683-3988 (FAX)
www.cavanventures.com

Why Graphite Stocks May Continue To Outperform In 2012

Posted by AGORACOM-JC at 11:04 AM on Tuesday, April 3rd, 2012

By Jeb Handwerger on | More Posts By | Author’s Website

Golly, Toto! Graphite Isn’t Just Found In Pencils Anymore

Carbon wears many faces. It ranges in form from precious diamonds such as Elizabeth Taylor’s Hope Diamond to electrolytic anodes found in the new generation of batteries. The word graphite originates from the Greek meaning to write.

Now we see that graphite isn’t just found in pencils anymore. Graphite is rapidly earning a new recognition as a component in the latest clean energy technologies such as the Lithium-Ion Battery, Fuel Cells, The Pebble Bed Nuclear Reactors and Vanadium-Redox Batteries critical for green energy, wind turbines and solar cells.

The price has risen from $500 a ton to $2500 a ton for large flake graphite. The price of graphite has held up over the past few years despite global financial instability.

Growing Disparity Between Supply and Demand

This may be indicating the growing disparity between supply which is dominated by China and demand from Western End-Users. The rising technological need for this special metal coupled with the lack of new discoveries outside of China is putting upward pressure on prices.

As graphite becomes increasingly important in the new world of technology, the entire sector is beginning to stir especially in energy applications such as fuel cells, lithium ion batteries and nuclear reactors.

Standard Graphite


Today Gold Stock Trades focusses on a company we believe will grow increasingly important based on the following considerations: In 2011, it acquired twelve significant graphitic properties in Quebec and Ontario as well as a brand new name-Standard Graphite Corporation(SGH:TSXV).

The historic price range is a low from $.12 to $.89 which is a new high and appears to be in a strong uptrend. We originally highlighted this company to our premium subscribers on February 13, 2012 when the company traded record volume and when we became “one of the first graphite bugs.”

Gold Stock Trades has been attracted to Standard Graphite as these exploratory projects are in areas which contain the large flake, high purity deposits and are strategic in containing the characteristics for a major graphite discovery.

North American exploration for graphite has been shelved for nearly thirty years as the fine hand of China has dominated the supply/demand equation. There needs to be new deposits discovered which are closer to home. There is a paucity of companies that have a shot at producing North American graphite.

Standard Graphite may be undervalued as compared to some of their more advanced and more highly priced peers which are trading at much higher multiples. As a new entrant in this rising sector, Standard Graphite provides leverage to exploration as it only has 22 million shares outstanding.

The company holds another ace up its sleeve in the form of a geologist with an impressive record. His name is Antoine Fournier who has an impressive history of at least twenty years in discovering graphitic properties.

He was instrumental in discovering the Lac Knife Graphite Deposit which is an integral component of Focus Metals and is richly priced at these levels trading at almost ten times the value of Standard Graphite.

He now brings his vast knowledge in graphite deposits and dossier of other potential assets to SGH where he is major player on the management team.

Here is the kicker: graphite contains electro-magnetic (EM) properties which can be surveyed inexpensively from the air. Unlike gold and silver exploration, the search for graphite does not involve excessive costs.

Let us now address some of the aforementioned acquired properties. The first asset on stage is the Black Donald Property which envelopes one of the largest and richest graphite deposits in North America. Management believes that Black Donald will be able to develop new projects rivaling the graphite deposits by Northern Graphite and Ontario Graphite. SGH recently announced excellent EM results from this property.

Chris Bogart, President and CEO states: “Standard is excited about … our excellent EM results. The project is now consolidated and the company is confident that this survey has greatly improved our ability to prioritize targets. We can now start the implementation of the next phase of work, a field reconnaissance program scheduled for April, 2012″.

At this very moment, there is an ongoing airborne surveys on their properties in Quebec which soon should be published and according to the company will form the “backbone of the upcoming exploration program” of Standard Graphite.

In Quebec, Standard Graphite owns significant properties, some of which are proximal to proven existing known graphite mines that have strikingly similar geological characteristics.

In conclusion, Standard Graphite may present a ground floor opportunity to capitalize on the increasingly popular area of graphite mining. There should be a plethora of positive announcements in the upcoming one or two quarters as Standard Graphite becomes a growing player in this rising sector which is hungry for new discoveries. Excelsior!

To learn more about new graphite companies capitalizing on the rebirth of this sector click here… and sign up for my free newsletter.

Disclosure: Long SGH.V and Standard Graphite is a GST Featured Company

Source: http://www.dailymarkets.com/stock/2012/04/02/why-graphite-stocks-may-continue-to-outperform-in-2012/

Lomiko Metals Jumps Ahead in Graphite Market *Site Sponsor

Posted by AGORACOM-JC at 12:45 PM on Monday, April 2nd, 2012

April 2,2012 (Financial Press) –Lomiko Metals Inc. (TSX Venture:LMR) is a graphite exploration company focused on exploring for high purity, large crystallite graphite on its Quatre Milles project.

Over the last few weeks the company has been making steady strides forward in the development of its high-potential graphite project. Those steps include completing a financing deal, hiring a geological consulting firm, making a new and experienced addition to its board of advisors, and completing a 43-101 Technical Report on its graphite project (full report available at this link)

Each move adds significantly to the unfolding Lomiko storyline. For example, the 43-101 report has been submitted to and accepted by regulators. The report details many key aspects of the historical exploration work on the property.

The report was prepared by geologist Jean-Sébastien Lavallée of Consul-Teck Mineral Exploration Consultants and includes the following highlights:

Graphicor (the past owner of the Quatre Milles property) completed reconnaissance mapping and prospecting as well as ground geophysics and a 26 hole diamond drill program totaling 1,625 metres

Three surface samples were collected and analyzed returning results of 14.16% Cgf, 18.06% Cgf and 20.35% Cgf.

23 of the initial 26 drill holes intersected graphite concentrations with graphite concentration in range of 4.69% in hole Q90-1 to a highlight of 8.07% Cgf over 28.60 metres in hole Q90-7.

The report also defines the proximity of Lomiko’s graphite project to the operational Timcal graphite mine:

The past exploration results from the project, its proximity to other known and economic graphite deposits, and Lomiko’s development plans have attracted a lot of investment capital as well.

On February 3, 2012, the company announced a financing deal to raise an estimated $700,000 of capital to fund advanced exploration work on the project.
Just over a month later Lomiko announced it had completed the financing deal for more than $900,000. That’s more than 28% more than was initially sought and reflects the investment demand for Lomiko and graphite.

Lomiko has also attracted additional management. The company has added Dr. Dietmar Siebholz to its board of advisors.

Siebholz has a Ph.D. in economics and has extensive experience in the graphite market as an investor, analyst, and discovering uses for graphite in advanced technologies.

Furthermore, Siebholz has more than 50 years of public market experience including on the floor of the Dusseldorf (Germany) Stock Exchange and nearly two decades involved in precious metals and commodities investing and markets.

These steps are key to the development of Lomiko’s rapid rise in the graphite market.

Lomiko, as an early mover in the graphite sector, has had its share price more triple since the start of 2012. It currently has a total market cap of under $9 million.

Learn more about Lomiko Metals at www.lomiko.com.

Written By: Andrew Mickey

Legal Disclaimer/Disclosure: A fee has been paid for the production and distribution of this Report. This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. No information in this article should be construed as individualized investment advice. A licensed financial advisor should be consulted prior to making any investment decision. Financial Press makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of the author’s only and are subject to change without notice. Financial Press assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this article and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, we assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this article.

Source: http://financialpress.com/2012/04/02/lomiko-metals-jumps-ahead-in-graphite-market/

Graphite the next big thing towards advanced electronics?

Posted by AGORACOM-JC at 10:16 AM on Monday, April 2nd, 2012

London: Scientists are making discoveries with the use of graphite that could become the next big thing in the quest for smaller and less power-hungry electronics.

Resembling chicken wire on a nano scale, graphene – single sheets of graphite – is only one atom thick, making it the world’s thinnest material. Two million graphene sheets stacked up would not be as thick as a credit card.

The tricky part physicists have yet to figure out how to control the flow of electrons through the material, a necessary prerequisite for putting it to work in any type of electronic circuit. Graphene behaves very different than silicon, the material currently used in semiconductors.

Last year, a research team led by University of Arizona physicists cleared the first hurdle by identifying boron nitride, a structurally identical but non-conducting material, as a suitable mounting surface for single-atom sheets of graphene.

The team also showed that in addition to providing mechanical support, boron nitride improves the electronic properties of graphene by smoothening out fluctuations in the electronic charges.

Now the team found that boron nitride also influences how the electrons travel through the graphene. The results of the study open up new ways of controlling the electron flow through graphene.

“If you want to make a transistor for example, you need to be able to stop the flow of electrons,” Brian LeRoy, assistant professor in the University of Arizona’s department of physics, said.

“But in graphene, the electrons just keep going. It’s difficult to stop them,” he said.

According to LeRoy, relativistic quantum mechanical effects that come into play at atomic scales cause electrons to behave in ways that go against our everyday experiences of how objects should behave. He even gave the example of a tennis ball.

“Normally, when you throw a tennis ball against a wall, it bounces back.

“Now think of the electrons as tennis balls. With quantum mechanical effects, there is a chance the ball would go through and end up on the other side. In graphene, the ball goes through 100 percent of the time,” LeRoy said.

This strange behaviour makes it difficult to control where electrons are going in graphene.

However, as LeRoy’s group has now discovered, mounting graphene on boron nitride prevents some of the electrons from passing to the other side, a first step toward a more controlled electron flow.

The group achieved this feat by placing graphene sheets onto boron nitride at certain angles, resulting in the hexagonal structures in both materials to overlap in such a way that secondary, larger hexagonal patterns are created. The researchers call this structure a superlattice.

If the angle is just right, they found, a point is reached where almost no electrons go through.

“You could say we created holes in the wall.

“And as soon as the wall has holes in it, we find that some of the tennis balls no longer go through. It’s the opposite of what you would expect. That shows you how weird this is. It’s all due to those relativistic quantum effects,” LeRoy said.

The discovery puts the technology a bit closer to someday being able to actually control the flow of electrons through the graphene, the authors of the paper said.

“The effect depends on the size of the hexagonal pattern resulting from the overlapping sheets,” Matthew Yankowitz, the study’s lead author, said.

The pattern, he explained, creates a periodic modulation of the potential – picture a ball rolling across an egg carton.

“It’s a purely electronic effect brought about by the structure of the two materials and how they sit on top of each other.

“It’s similar to the Moire pattern you see when someone wears a striped shirt on TV,” he added.

The study has been published in Nature Physics.

Source: http://zeenews.india.com/news/technology/graphite-the-next-big-thing-towards-advanced-electronics_767420.html

AGORACOM WIRE – New Chief At Strike Graphite + The 10 Best Small-Cap Press Releases Of The Day

Posted by AGORACOM at 9:17 AM on Monday, April 2nd, 2012


TOP STORY ….

Strike Graphite Appoints Chief Executive Officer *CLIENT* Read More

TODAY’S SMALL-CAP NEWS ….

 OUR BIGGEST AGORACOM SMALL CAP TV EPISODE EVER!!

  • 11 Stories - Read Their Summaries Here
  • Freegold Intersects 1.19 g/t Gold over 132.7 metres Read More
  • Passport Potash Announces New NI 43-101 CompliantMineral Resource of 125.6 Million Tonnes Read More
  • Kaminak Reports 90.4% Gold Recoveries From Simulated Heap Leach Testing Read More
  • VMS Ventures: Reed Copper Project Positive Pre-Feasibility Study Completed Read More
  • BYT-ON – World’s first graphene-based processor (graphene-based FPGAs to follow) Read More

OUR GRAPHITE SPONSORS SUPPORT CLEAN TALK !



 

 

Strike Graphite Appoints Chief Executive Officer

Posted by AGORACOM-JC at 8:51 AM on Monday, April 2nd, 2012

VANCOUVER, BRITISH COLUMBIA–(April 2, 2012) – Strike Graphite Corp. (TSX VENTURE:SRK) (the “Company”) is pleased to announce the appointment of Blair Way as Chief Executive Officer.

Blair Way is a seasoned management professional with a career spanning over 25 years within the precious metals, petroleum exploration and development, and mining construction sectors throughout Australia, Asia, Canada, the United States and the United Kingdom. In the past several years, Mr. Way has demonstrated success in building and managing teams through to achieving either a major resource milestone or advancing development projects into production.

Mr. Way’s recent career path is highlighted as follows:

Most recently – VP Project Development for Ventana Gold (Vancouver), advancing projects in Colombia and recently acquired by Brazilian billionaire Eike Batista for $1.4 billion.

Just prior – President and Project Director, Oceanagold Philippines, overseeing the construction of the Didipio gold copper project.

As well as – Project Manager Non Ferrous Group with Hatch Associates (Brisbane), providing project management support for various mining and metal related projects in Australia, South Africa, China, Papua New Guinea and South East Asia.

Earlier – Project Director for BHP’s Major Projects division (QNI Pty Ltd) in Townsville, Queensland.

Mr. Way holds a Bachelor of Science (Petroleum Geology) from Acadia University in Nova Scotia, Canada, as well as a Masters of Business Administration from the University of Queensland, Australia.

Blair Way remarks about his appointment, “While it is very satisfying to be coming off some success by being part of the Ventana team during a take-over, it is now very gratifying at this point in my career to secure a key role within a commodity sector which I am certain is poised for explosive growth in these coming years. I’m delighted to be part of it and looking forward to applying my skills and experience in a Company with such great potential.”

Geoff Balderson, who will remain as President, remarks on the appointment, “We’re very pleased to have Blair come on board with us. The Company is committed to assembling a first class executive and management team in the graphite space, a team with the ability to build and manage projects through the development to PEA stage and through the joint venture and acquisition process. Blair Way is qualified to lead this team and advance the Company rapidly for the benefit of all shareholders.”

About the Company:

Strike Graphite Corp. is a progressive exploration company with seasoned management targeting strategic assets on a global scale. In addition to aggressively advancing its graphite properties in north eastern Saskatchewan toward the goal of achieving a compliant 43-101 resource by Q4, 2012, the Company is also advancing the Satterly Lake gold project in north western Ontario, located just west of Gold Canyon Resources Inc.

On behalf of the Board of Directors,

Geoff Balderson, President

For more information on the above or to view the Company’s Corporate Presentation on its Graphite assets and opportunity, please visit the Company’s website at www.strikegraphite.com.

We seek safe harbor.

FOR FURTHER INFORMATION PLEASE CONTACT:

Geoff Balderson
Strike Graphite Corp.
President
604.669.9330
604.669.9335 (FAX)
[email protected]
www.strikegraphite.com

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.

Northern Graphite Successfully Produces and Tests Spherical Graphite for Use in Lithium Ion Batteries

Posted by AGORACOM-JC at 8:40 AM on Monday, April 2nd, 2012

OTTAWA, ONTARIO–(April 2, 2012) – Northern Graphite Corporation (TSX VENTURE:NGC)(OTCQX:NGPHF) is pleased to announce that the Company has successfully manufactured test quantities of spherical graphite from graphite concentrate produced from the Company’s 100% owned Bissett Creek deposit. The spherical graphite has been evaluated in Lithium/graphite battery test cells and the performance of these cells demonstrated that it meets or exceeds current commercial performance requirements and that Bissett Creek graphite does not contain any impurities that negatively affect cell performance. Further test cycles are on-going. The cells were made and testing carried out in a highly qualified, independent laboratory.

Gregory Bowes, Chief Executive Officer, commented that: “Value added processing such as the manufacture of spherical graphite is a big part of Northern Graphite strategy to create value for shareholders.” He added that: “As a result of work that has been completed over the last two years we can now provide potential strategic and offtake partners with representative test samples of graphite concentrate produced using the same flow sheet that will be employed in a full scale mine, and spherical graphite based on that concentrate.”

About Spherical Graphite

Spherical graphite is used to make the anodes in Li ion batteries and is manufactured from the flake concentrate produced by graphite mining operations. The upgrading process consists of micronizing the graphite flakes, rounding them to create a spherical or “potato” shape, and purifying them to increase the carbon content to 99.95%. Northern Graphite micronized and rounded its Bissett Creek graphite to basic industry specifications and can modify it to meet the requirements of various products and manufacturers. Spherical graphite sells for much higher prices than run of mine graphite concentrates and could further enhance the economics of the Bissett Creek Project.

Currently, almost all spherical graphite is produced from small flake concentrates (-100 to +150 mesh) and 70% of the graphite is destroyed in the process. As a result, it takes three tonnes of small flake graphite to make one tonne of spherical graphite. These losses are the single largest cost in the manufacturing of spherical graphite. However, Northern Graphite has achieved spherical graphite yields from its large flake concentrate as high as 70% which will substantially reduce production costs. The large flake nature of the Bissett Creek deposit provides the Company with the flexibility to sell its concentrates into high value, large flake markets or produce spherical graphite at competitive costs for the Li ion battery market.

Almost all spherical graphite is currently produced in China and purified using strong acids which results in large volumes of acidic and toxic waste. This method is not environmentally sustainable as the demand for, and production of, Li ion batteries increases. It is also inconsistent with the green energy objectives of the hybrid and all electric car industry. The high quality and purity of graphite from Bissett Creek has enabled the Company to develop a proprietary purification technology that is environmentally friendly and sustainable. The technology works at much lower temperatures than traditional thermal purification techniques and will result in lower capital and operating costs.

Value Added Processing

Based on the positive test results, the Company will commence engineering and design work to define the capital and operating costs of a facility to upgrade Bissett Creek graphite concentrate into spherical graphite. The objective is to provide Li ion battery manufacturers with a stable, secure source of supply that is produced in an environmentally acceptable manner. This facility will initially be based on the approximately 20% of Bissett Creek production that is -80 mesh with the ability to scale it to larger volumes in the future.

Don Baxter, P.Eng, President of the Company and a “Qualified Person” under 43-101, is responsible for and has reviewed and approved the technical content of this press release.

The Graphite Market

Graphite prices have increased substantially due to the ongoing modernization of China and other emerging economies which has resulted in strong demand from traditional steel and automotive markets. In addition, new applications such as lithium ion batteries, vanadium redox batteries, fuel cells and nuclear power have the potential to create significant incremental demand growth. The manufacturing of Li ion batteries requires up to 30 times more graphite than lithium and their use in the growing EV/HEV market is expected to require significant increases in graphite production. However, graphite production and exports from China, which produces 70% of the world’s supply, are expected to decline and an export tax and a licensing system have been instituted. As a result, both the European Union and the United States have declared graphite a supply critical mineral.

Northern Graphite Corporation

Northern Graphite Corporation is a Canadian company that has a 100% interest in the Bissett Creek graphite deposit located in eastern Ontario. Northern Graphite is well positioned to benefit from this compelling supply/demand dynamic with a high purity, large flake, scalable deposit that is located close to infrastructure. A bankable Final Feasibility Study (“FS”) and permitting are expected to be completed in the first half of 2012, following which mine construction could commence, subject to the results of the FS and financing. Additional information on Northern Graphite can be found under the Company’s profile on SEDAR at www.sedar.com and on the Company’s website at www.northerngraphite.com.

This press release contains forward-looking statements, which can be identified by the use of statements that include words such as “could”, “potential”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “likely”, “will” or other similar words or phrases. These statements are only current predictions and are subject to known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from those anticipated by the forward-looking statements. The Company does not intend, and does not assume any obligation, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.

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.

Contact Information

 

Northern Graphite Corporation
Gregory Bowes
CEO
(613) 241-9959

Northern Graphite Corporation
Don Baxter P.Eng
President
(705) 789-9706