Graphite One Welcomes Bedi A. Singh to the Board of Directors Singh Served as CFO at News Corporation, Bringing Decades of U.S. Public Company Financial Experience
Graphite One Welcomes Bedi A. Singh to the Board of
Directors
Singh Served as CFO at News Corporation, Bringing Decades of U.S. Public Company Financial Experience
VANCOUVER, BC
,
July 5, 2022
/CNW/ -
Graphite One Inc.
(TSXV: GPH) (OTCQX: GPHOF)
("Graphite One" or the
"Company")
is pleased to announce the addition of Mr.
Bedi A. Singh
to the Company's Board of Directors following the
Annual General and Special Meeting of Shareholders held on
June 29, 2022
.
Mr. Singh served as the Chief Financial Officer of News Corporation (NASDAQ: NWSA) from 2012 to 2017. He served as
Co-CEO, President & Chief Financial Officer for MGM Studios, as Chief Financial Officer at Gemstar-TV Guide (NASDAQ:
GMST), and as Executive Vice President and Chief Financial Officer of Sony Pictures Entertainment. Before joining Sony
Pictures Entertainment, he held several senior finance positions at 21st Century Fox, News UK, Fox Filmed Entertainment,
and as Senior Vice President, Office of the Chairman of News Corporation.
Mr. Singh served on the Board of The Meet Group, previously a Nasdaq listed technology company, and currently serves
on the North American Advisory Board of The
London School of Economics
. He is also the managing partner at BAS
Consulting providing advisory, board and management consulting services.
A graduate of the
London School of Economics and Political Science
, Mr. Singh is a Fellow of the UK Institute of Chartered
Accountants and a graduate of the Program for Management Development at
Harvard Business School
. Mr. Singh started
his business career with Arthur Andersen in
London
.
Anthony Huston
, President and CEO of Graphite One states, "As we continue our journey to become a vertically integrated
supplier of high purity anode materials for electric vehicles and energy storage systems, we pursue excellence in our senior
management team and board appointments. Mr. Singh is a seasoned senior executive with deep financial experience and
decades of public company service in the media, entertainment, and technology sectors, and will bring a visionary
perspective in the advancement of Graphite One."
Graphite One's Supply Chain Strategy
With
the United States
currently 100 per cent import dependent for natural graphite, Graphite One is planning to develop a
complete U.S.-based, advanced graphite supply chain solution anchored by the Graphite Creek resource near
Nome,
Alaska
. The proposed Graphite One project includes an advanced graphite material and battery anode manufacturing plant
to be sited in
Washington State
and the development of the Graphite Creek resource. The plan also includes a recycling
facility to reclaim graphite and the other battery materials, to be co-located at the
Washington State
site, the third link in
Graphite One's circular economy strategy.
As announced on
March 7th
1
, Graphite One's Graphite Creek resource in
Alaska
has been cited as the largest known
graphite deposit in
the United States
by the U.S. Geological Survey (USGS) in its updated U.S. Mineral Deposit Database
(USMIN).
__________________________
1
https://www.graphiteoneinc.com/u-s-government-cites-graphite-ones-graphite-creek-as-the-largest-graphite-deposit-in-the-united-states/
About Graphite One Inc.
GRAPHITE ONE INC. (GPH: TSX
V; GPHOF: OTCQB) continues to develop its Graphite One Project (the "Project"),
whereby the Company could potentially become an American producer of high-grade anode materials that is integrated
with a domestic graphite resource. The Project is proposed as a vertically integrated enterprise to mine, process and
manufacture high grade anode materials primarily for the lithium
ion electric vehicle battery market. As set forth in the
Company's Preliminary Economic Assessment, potential graphite mineralization mined from the Company's Graphite Creek
Property, is expected to be processed into concentrate at a graphite processing plant. The proposed processing plant
would be located on the Graphite Creek Property situated on the
Seward Peninsula
about 60 kilometers north of
Nome
,
Alaska. Graphite anodes and other value
added graphite products would be manufactured from the concentrate and other
materials at the Company's proposed advanced graphite materials manufacturing facility, the location of which is the
subject of further study and analysis. The Company intends to make a production decision on the Project once a feasibility
study is completed.
On Behalf of the Board of Directors
"Anthony Huston" (signed)
For more information on Graphite One Inc., please visit the Company's website,
www.GraphiteOneInc.com
Neither the 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.
This release includes certain statements that may be deemed to be forward-looking statements. All statements in this
release, other than statements of historical facts that address actual use of proceeds including the timing and completion
of the anticipated Pre-Feasibility Study, receipt of regulatory approvals, implementation of a more established shipment
program, exploration drilling, exploitation activities, future production, establishment of a processing plant, and events or
developments that the Company expects, are forward-looking statements. Although the Company believes the
expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are
not guarantees of future performance and actual results or developments may differ materially from those in the forward-
looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements
include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the
ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government
policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and
financing, and general economic, market or business conditions. Readers are cautioned not to place undue reliance on
this forward-looking information, which is given as of the date it is expressed in this press release, and the Company
undertakes no obligation to update publicly or revise any forward-looking information, except as required by applicable
securities laws. For more information on the Company, investors should review the Company's continuous disclosure
filings that are available at
www.sedar.com
.
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For further information:
Anthony Huston, CEO, President & Director, Tel: (604) 889-4251, Email:
[email protected]; Investor Relations Contact, Tel: (604) 684-6730, [email protected]
CO: Graphite One Inc.
CNW 07:00e 05-JUL-22