Li-Ion Appoints Sam Malin To The Board Of Directors
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908 – 510 Burrard Street
Vancouver, B.C. V6C 3A8
GLOBAL LI-ION GRAPHITE APPOINTS MR. SAM MALIN TO THE BOARD OF DIRECTORS
LION: CSE GBBGF: OTCQB 0TD:F
Vancouver, BC – Feb 19, 2019 – Global Li-Ion Graphite Corp. (“LION” or, the “Company”) (CSE:
LION) The Company is pleased to announce that Mr. Sam Malin has join ed the Board of
Directors of the Company. Sam brings upwards of 30 years of mining and finance experience, of
which 15 years has been focused on Madagascar. Sam is cur rently CEO of Avana Resources
which is focused on mineral exploration and development in Madagascar. His previous
experience includes the founding of Madagascar Oil Limited and Red Island Minerals Ltd.,
which featured the development of multibillion-barrel heavy oil fields and a major coal field
respectively. He created significant value in both companies, building Madagascar Oil, as CEO,
from inception to a value of in excess of $1 billion by late 2006, while, as Red Island's
Chairman, he concluded a compr ehensive survey of the Sakoa coal field result ing in a sale to
Thailand's PTT Asia Pacific Mining Pty for nearly $100 million dollars in 2012. Mr. Malin’s
experience will be instrumental in bringing the Ambato-Arana project back into production . His
first order of business will be to co mplete the definitive agreement between LION and Swiss
EMX.
Mr. Malin holds a BSc (Hons) in Geological Engineering from Queens Universi ty in Canada and
completed graduate studies in England at the University of Cambridge. Mr. Malin is CEO of
Avana Resources Limited, founder of Red Island Minerals and Madagascar Oil (vehicl es for
major Malagasy coal and heavy oil projects respectively) and has been focused on Madagascar
for 15 years. His prior experience includes positions with Standard & Poor's, Arthur D. Little and
Dome Petroleum Limited, as well as advisory positions t o the European Commission. He is
fluent in French and conversant in several other languages.
Company Presiden t John Roozendaal states, “We are excited that Sam has agreed to join
LION’s Board of Directors . Sam’s tremendous successes in Mad agascar, combined w ith his
technical skills and overall business acume n, are a perfect fit for the Company as we move to
aggressively advance our Amabato-Arana Graphite project.
Mr. Ma lin adds “I am delighted to be joining LION’s board of directors. I look forward to
supporting the company across its full range of projects which are very much in tune with th e
world’s growing need for graphite and its derivatives , most importantly Graphene (BEGO). I am
particular happy to be able to continue to support the company’s Malagasy graphite project
which I am both deeply acquainted with and which I believe offers a near term important source
of flake graphite for world markets especially China and India”
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The Company would also like to report it has set 600,000 incentive stock options exercisable at
$0.30 for a period of two years
Ambato-Arana Graphite Mine, Madagascar
The Company continues to make very significant progress in our understanding and knowledge
of the past producing Ambato-Arana Graphite Project in Madagascar. The Company completed
the purchase and transfer of a 100% interest in the Ambato Project, and is focused on working
with Pascal Marchand M.Sc. P . Geol to complete the updated environmental study and prepare
the detailed license development plan which is needed to achieve putting the proj ect back into
economic production. We have acquired and verified a substantial amount of historical data ,
including recently reco vered historic data on o ver 400 auger drill holes , on the project th at
indicates the presence of substantial graphite mineraliz ation, which will be instrumental in the
implementation of the upcoming confirmation work program and mine plan completion.
Pascal Marchand is a Franco-Canadian geologist based in Madagascar with over 25 years of
highly relevant experience including the exploration and appraisal of minerali sation of graphite.
He is a member of the Ordre des Géologues du Québec. Mr. Marchand holds degrees in
geology, including MSc’s from Laval University and from the Universit y o f Nancy, and a BSc
from the University of Be sançon. He has worked throughout Mada gascar and, i n addition to
geological expertise, is fully conversant with Malagasy mining law, and environmental and social
regulations.
Further information about Global L i-Ion is available under its profile on the SE DAR website ,
www.sedar.com, on the CSE website , www.thecse.com, and the Compa ny’s website ,
www.globalli-iongraphite.com.
For Further information about the Company, please contact:
Jason Walsh
Director & Officer
Global Li-Ion Graphite Corp.
Telephone 604.608.6314
Email: [email protected]
Neither the Canadian Securities Exchange nor its regulation services provider have reviewed or
accept responsibility for the adequacy or accuracy of this press release.
Forward-Looking Information:
This press release contains forward -looking sta tements. The use of any of the words
“anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and
similar expressions are intended to identify for ward-looking statements. Although the Company
believes that the expectati ons and assumptions on which the forward -looking statements are
based are reasonable, undue reliance should not be placed on the forward -looking statements
because the Company can giv e no assurance that the y will prove to be correct. Since forward -
looking statements address future events and conditions , by th eir very nature they involve
inherent risks and uncertainties. These statements speak only as of the date of this press
release. Actual results could differ materially from those currently anticipated due to a number of
factors and risks discussed in the Company's Management's Discussion and Analysis under the
Company's profile on www.sedar.com. While the Company may elect to , it does not undertake
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to update this information at any particular time.