Mason Graphite Hires Senior Commercial Executive With Strong Experience in Battery Materials

MONTREAL, April 12, 2018 (GLOBE NEWSWIRE) -- Mason Graphite Inc. (“Mason Graphite” or the “Company”) (TSX.V:LLG) (OTCQX:MGPHF) is pleased to announce that Mario Felicetti has joined the Company as Vice-President, Sales effective immediately. In the immediate future, he will be based in Amsterdam and will eventually relocate to the Company’s Head Office in Montreal.

Mario Felicetti, MBA, Eng., is a Chemical Engineer with more than 15 years of experience in Sales and Marketing in several industrial areas including the last 5 years with Johnson Matthey, a global leader in sustainable technologies, where he had a special focus on energy storage materials. He was instrumental in defining and implementing their global commercial strategy as he negotiated several multiyear contracts with Li-ion battery manufacturers. He managed five regional sales offices in Tokyo, Seoul, Shanghai, Munich and Montreal through which he successfully commercialized new materials for cathodes and anodes.

As he joins the team, Mario will further advance discussions with customers, establish the required sales structure and develop the customers’ needs management system on which the production planning system will be based.

Benoît Gascon, President and CEO of Mason Graphite commented: “We are very enthusiastic and eager to have Mario join us. After spending some time with our team in Montreal and reviewing the development work achieved so far, we all believe that he is the perfect fit for the Company and the upcoming commercialization of our battery materials. Having said this, his experience also includes several other industrial fields and Mario will be instrumental in the commercialization of our graphite products across all applications where he will be able to leverage our team’s experience.”

The management team of Mason Graphite has a proven track record in the commercialization of graphite products in all major applications and geographic areas. This is the result of a continuous effort to establish and maintain strong and long-term relationships with customers as well as properly understanding and meeting their specific needs. Flexibility to meet those needs, which can be significantly different from an application to another, was therefore incorporated right from the beginning in the design of Mason Graphite’s operations.

About Mason Graphite and the Lac Guéret Project

Mason Graphite is a Canadian mining and processing company focused on the development of its 100% owned Lac Guéret natural graphite deposit located in northeastern Québec. The Company is led by a highly experienced team that has over five decades of experience in graphite production, sales, and research and development. For more information, visit www.masongraphite.com.

Mason Graphite Inc. On Behalf of the Board

“Benoît Gascon, CPA, CA”, President & Chief Executive Officer

For more Information:
Simon Marcotte, CFA, Director Corporate Development at +1 (647) 801-7273 and at info@masongraphite.com

For more information relating to local communities:
Luc Veilleux, CPA, CA, Executive Vice-President and CFO at +1 (514) 289-3582 and at info@masongraphite.com

Head Office: 3030, boulevard Le Carrefour, bureau 600, Laval, Québec, H7T 2P5

Cautionary Statements

This press release contains "forward-looking information" within the meaning of Canadian securities legislation. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", 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". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: (i) volatile stock price; (ii) the general global markets and economic conditions; (iii) the possibility of write-downs and impairments; (iv) the risk associated with exploration, development and operations of mineral deposits; (v) the risk associated with establishing title to mineral properties and assets; (vi) the risks associated with entering into joint ventures; (vii) fluctuations in commodity prices; (viii) the risks associated with uninsurable risks arising during the course of exploration, development and production; (ix) competition faced by the resulting issuer in securing experienced personnel and financing; (x) access to adequate infrastructure to support mining, processing, development and exploration activities; (xi) the risks associated with changes in the mining regulatory regime governing the resulting issuer; (xii) the risks associated with the various environmental regulations the resulting issuer is subject to; (xiii) risks related to regulatory and permitting delays; (xiv) risks related to potential conflicts of interest; (xv) the reliance on key personnel; (xvi) liquidity risks; (xvii) the risk of potential dilution through the issue of common shares; (xviii) the Company does not anticipate declaring dividends in the near term; (xix) the risk of litigation; and (xx) risk management.

Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, no material adverse change in metal prices, exploration and development plans proceeding in accordance with plans and such plans achieving their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company's business, operations and exploration plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this press release, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.

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.