SRG Mining Signs Additional Offtake Agreement Bringing Total Sales to 85% of Production
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SRG Mining Inc.
1320 Graham, Suite 132
Ville Mont-Royal, Québec
H3P 3C8
PRESS RELEASE FOR IMMEDIATE RELEASE
SRG Mining Signs Additional Offtake Agreement Bringing Total Sales to 85% of
Production
Montreal, Quebec, May 25th, 2020 – SRG Mining Inc. (TSXV: SRG) (“SRG” or the “Company”) today
provides an update on recent activities related to its Lola graphite project (the “Project”).
The Company has recently signed its 5 th offtake agreement for 10,000 tonnes per year for a three-
year period. This brings the total signed off -take agreements to 128,000t o ver three years. These
agreements represent approximately 85% of the Company’s anticipated production over that period.
Our clients operate in various markets including refractories, expandable graphite and battery anode
material. We remain actively engaged with several potential clients to continue to sign off -take
agreements for our graphite production.
The Company continues to believe in signing sales agreements for the anti cipated production and
having many potential clients test and qualify our material. These efforts will remain ongoing
throughout the life of the Project.
ABOUT SRG MINING
SRG Mining is a Canadian -based mining company focused on developing the Lola graphite deposit
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.srgmining.com.
Or contact:
Ugo Landry-Tolszczuk
Email: [email protected]
Benoit La Salle, FCPA FCA
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 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
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use of forward -looking terminology such as “firm”, “anticipated”, “potential”, “will”, “continue”,
“demonstrate”, “deliver”, “believe”, 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 gen eral 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 and mine plans for the Company’s mining operations ; (v) the risk as sociated with
establishing title to mineral properties and assets including permitting, development, operations and
production from the Company’s operations being consistent with expectations and projections; (vi)
fluctuations in commodity prices, finding offtake takers and potential clients or enforcing such
agreements against same 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.
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 purpose s.
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.