SRG Graphite Appoints Vincent P. Hogue as an Observer to the Board of Directors
SRG Graphite Appoints Vincent P. Hogue as
an Observer to the Board of Directors
MONTREAL
,
Nov. 1, 2018
/CNW Telbec/ -
SRG Graphite Inc.
(TSXV: SRG) ("SRG" or the
"Company") is pleased to announce that it has appointed
Vincent P. Hogue
, M.Sc. as an observer to
the board of directors effective
October 22, 2018
.
Mr. Hogue holds a master's degree in industrial relations and has worked in the securities industry
for over 30 years. Until very recently, Mr. Hogue worked as vice-president brokerage and private
management for the Desjardins Group and acted as executive vice-president and head of personal
services with Desjardins Securities, responsible for leading both the discount and full-service
brokerage businesses.
In addition, as chairman of the board of directors of Desjardins Investment Management, Mr. Hogue
was responsible for business development and strategies for the Desjardins Private Wealth
Management team including the private banking business.
From 2006 to 2012, he was senior vice-president and regional manager
Eastern Canada
at TD
Waterhouse Private Investment Advice.
Between 1993 and 2004, he held several management and sales positions at Fidelity Investments
Canada Ltd.
Mr. Hogue was on the board of directors of QTrade from 2013 to 2018 and on the board of the
Quebec
chapter of the Investment Industry Regulatory Organization of
Canada
(IIROC) from 2011
to
April 2018
.
He also sits on the board of directors of the public trading company Mobi724 Global Solution Inc.
and is president of their HR committee as well as on the board of directors of the Foundation of the
National Museum of Fine Arts of
Quebec
.
A volunteer for many charities, in particular those relating to the well-being of children and education,
Mr. Hogue sits on the board of Fondation Gemini as well as being involved with Leucan. He was also
a member of the board for the Montreal Canadiens Children's Foundation from 2012 to 2018.
"We are extremely pleased to announce Mr. Hogue's nomination as an observer on our board. Mr.
Hogue brings to the board significant credentials and experience in the public markets," stated Mr.
Landry-Tolszczuk, President and COO of the Company.
"The wealth of experience, knowledge, and acumen that Mr. Hogue contributes will be an
incremental and welcome addition to the board as we move closer toward the next phases of the
Lola project. Mr. Hogue will be formally appointed to the board of directors following the Annual
General Meeting to be held in 2019," confirmed Mr.
Benoit LaSalle
, the Company's executive
chairman.
Mr. Hogue was granted 80,000 stock options of the Company. Each option entitles Mr. Hogue to
acquire one common share of the Company at the price of
$0.89
per share for a 10-year period,
subject to certain vesting conditions.
SRG Engages Integral Wealth Securities Limited for market-making services.
SRG wishes to announce that it has, pending regulatory approval, retained the services of Integral
Wealth Securities Limited ("
Integral
") to initiate its market-making service in order to aid in
maintaining an orderly trading market for the common shares of the Company. In consideration of
the services provided by Integral, SRG will pay Integral a monthly cash fee of
$6,000
. Integral will
not receive shares or options as compensation. The agreement will have a minimum term of six
months. After the six-month term, the agreement may be terminated by the Company following a 30-
days notice.
Integral does not have any interest, directly or indirectly, in the Company or its securities, or any
right or intent to acquire such an interest.
SRG Engages BT Global Growth Inc. for Investor Relations Activities.
The Company has, pending regulatory approval, also engaged the services of BT Advisory Inc. and
its wholly owned subsidiary BT Global Growth Inc. ("
BTGG
") for strategic investor relations
initiatives. The initiatives will include developing marketing materials, identifying potential investors for
the Company, and establishing contact and coordinating meetings for the Company with investors.
Pursuant to the agreement, BTGG will be granted 150,000 stock options to purchase shares of the
Company at
$1.20
per share for a period of five (5) years from the date of the signing of the
agreement. The terms of the engagement will commence upon the signing of the agreement and will
continue until the termination of the engagement by BTGG following a 60-days written notice to SRG
and/or by the Company following a 60-days written notice to BTGG.
Other than the options described above, BTGG does not have any interest, directly or indirectly, in
the Company or its securities, or any right or intent to acquire such an interest.
ABOUT SRG
SRG is a Canadian-based company focused on developing mineral deposits located in the Republic
of
Guinea
,
West Africa
. SRG is committed to operating in a socially, environmentally, and ethically
responsible manner.
For additional information, please visit SRG's website at
www.srggraphite.com
.
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 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 "will", "continue", "demonstrate", "potential", or variations of
such words and phrases or state that certain actions, events or results "may", "could", "would" or
"might". 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) fluctuations in commodity prices and other
risks and factors described or referred to in the section entitled "Risk Factors" in the MD&A of the
Company and which is available at
www.sedar.com
, all of which should be reviewed in conjunction
with the information found in this news release.
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 and no
material adverse change in mineral prices. 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 given 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.
SOURCE
SRG Graphite
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%SEDAR: 00008697E
For further information:
Ugo Landry-Tolszczuk, Tel: +1 (514) 679-4196, Email:
[email protected]; Benoit La Salle, FCPA FCA, Tel: +1 (514) 951-4411, Email:
CO: SRG Graphite
CNW 11:05e 01-NOV-18