nt-Royal, Qu uébec Ville Mon H3P P 3C8

PRESS

SRG

Montrea

“Compan

Placeme

C$0.40 p

common

purchase

of 24 mo

Company

“CORIS

actively i

Chairma

the dev e

productio

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successf

Antoine A

The Com

long as C

right to p

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of the Of

the Offe r

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interest h

RELEASE

THIS NE

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G Graph

l, Quebec,

ny”) is ple a

ent”) with CO

per Unit, for

share of

e warrant. E

onths from th

y (a “Warran

is a leader i

involved in

n, SRG. “We

elopment o f

on and delive

rategic inve s

fully and e ff

Audet, SRG

mpany has a

CORIS holds

participate in

g”) to allow i

ffering (assu

ring) as exi s

CORIS will

mber of boa r

held by COR

E

EWS RELEA

RE SERVICE

hite Anno

W

August 1 6

ased to a

ORIS Capit a

total gross

the Compa

Each whole w

he date of c

nt Share”) a

in the West A

the mining

e are privileg

f SRG as t h

ery of cost e

stment by C

fficiently de v

’s President

also agreed t

s any equity

n any future

t to maintain

ming the co

sted immed

have the rig

rd members

RIS.

ASE IS NOT F

ES OR FOR D

ounces

With COR

6, 2017 – S

nnounce a

al SA (“CO

proceeds of

ny (a “ Sha

warrant (a “W

losing (the “

at an exercis

African bank

industry fo r

ged to welco

he Compa n

effective, qui

CORIS is a

velop the L o

and CEO.

to grant to C

y interest in t

equity priva

n the same p

nversion or

iately prior

ght to nomin

to be nom i

FOR DISTRIB

DISSEMINAT

$3M Str

RIS Cap

SRG Grap h

non-broke

RIS”) of 7,5

f C$3,000,0

are”) and o

Warrant”) w

“Expiry Date

se price of $0

king, financi

quite som e

ome CORIS

ny continue s

ick-to-marke

significant

ola Graphit e

CORIS a pre

the Compan

ate placemen

percentage i

exchange o

to completi o

nate up to tw

inated will b

FO

BUTION TO U

TION IN THE

rategic E

ital SA

hite Inc. ( T

ered privat e

500,000 uni t

00. Each U

one-half of

ill entitle CO

e”), one add

0.50 per Wa

ial and inves

e time,” said

S as a strateg

s its quest

et, quality gra

vote of co n

e project i n

e-emptive rig

ny on a fully-

nt or public

interest in th

of any conve

on of the O

wo members

be determine

SR

Suite 13

Ville Mon

OR IMMEDI A

UNITED STAT

UNITED STA

Equity F

TSXV: SRG

e placeme n

ts (the “Unit

Unit will be c

one non-tr a

ORIS to purc

ditional comm

arrant Share.

stment secto

d Benoit La

gic partner a

to become

aphite.”

nfidence in

n Guinea ,” a

ght pursuan

-diluted basi

offering of t

he Company

rtible securit

Offering. Up o

to SRG’s b

ed based o n

RG Graphite

2, 1320 Gra

nt-Royal, Qu

H3P

NR 2017

ATE REL E

TES

ATES.

Financin

) (“SRG” o

nt (the “ Pr

ts”) at a pri

comprised o

ansferable s

chase for a p

mon share o

.

ors and has

Salle, Exe c

and contribu

a leader i n

SRG’s abil

added Dr. M

t to which, f

is, it will hav

the Compan

y after comp

ties issued u

on closing o

oard of direc

n the perce n

e Inc.

aham,

uébec

P 3C8

7-10

EASE

ng

or the

rivate

ce of

of one

share

period

of the

been

cutive

utor to

n the

lity to

Marc-

for so

ve the

y (an

letion

under

of the

ctors.

ntage

2

The Offering, which remains subject to the appr oval of the TSX Venture Exchange, is expected

to close by the end of August 2017.

No finders’ fees or commissions will be payable. Net proceeds from the Private Placement will

be used for exploration purposes and general work ing capital requirements. The securities

issued under the Private Placement will be subject to a four-month restricted period.

ABOUT CORIS Capital SA

Coris Capital SA is a Mauritius-based company and a member of the Coris Group, which is

controlled by Mr. Idrissa Nassa and includes Coris Capital SA and Coris Holdings SA. It has

activities and investments in finance, telecom, mining and in the industrial sector. Coris Holdings

SA is a private company based in Burkina Faso with investments in the banking (Coris

International Bank), insurance (Coris In surance), wealth management (Coris Financial

Management) and industrial sectors (General Mining Logi stics). Its activities are focused mainly

in West Africa.

ABOUT SRG

SRG is a Canadian-based company focused on developing the Lola Graphite deposit, located in

the Republic of Guinea, West Africa. SRG is co mmitted to operate in a socially, environmentally

and ethically responsible manner.

For additional information, please visit SRG’s website at www.srggraphite.com.

For more information contact:

SRG Graphite Inc. (SRG)

Dr. Marc-Antoine Audet, President & CEO

Tel.: (514) 726-4158

Email: [email protected]

Jean-Paul Blais

NXT Communications

Tel.: +1 (514) 867-7447

Email: [email protected]

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of

the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This release contains forward-looking statements. More particularly, this release contains

statements concerning the anticipated Private Placement. Although SRG believes that the

expectations reflected in these forward-looking statements are reasonable, undue reliance

should not be placed on them because SRG can give no assurance that they will prove to be

correct. Since forward looking statements address future events and conditions, by their very

nature they involve inherent risks and uncertainties . The closing of the Private Placement could

be delayed if SRG is not able to obtain the necessary regulatory and stock exchange approvals

on the timelines it has planned. The Private Placement will not be completed at all if these

approvals are not obtained or some other condition to the closing is not satisfied. Accordingly,

there is a risk that the Private Placement will not be completely sold, completed within the

anticipated time or at all. Additional information on these and other factors that could affect

3

SRG’s operations and financial results are included in reports on file with Canadian securities

regulatory authorities and may be accessed through the SEDAR website (www.sedar.com).