Corporate Update To Share Holders
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IN THE UNITED STATES.
908 – 510 Burrard Street
Vancouver, B.C. V6C 3A8
Corporate update to share holders
LION CSE GBBGF. OTCQB 0TD. F
Vancouver, British Columbia, Canada (Feb 11, 2019) – Global Li-Ion Graphite Corp. (“Global
Li-Ion” or, the “Company”) (CSE: LION) would like to take this opportunity to update its
shareholders and interested parties. Since listing, the Company has been pursuing its objective
of becoming a major supplier of Graphite to the rapidly expanding energy storage industry which
is expected to see significant growth in demand in the coming 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 n eeded to achieve putting the project back into
economic production. We have acquired and verified a substantial amount of historical data
including recently recovered historic data on over 400 auger drill holes on the project that
indicates the presence of substantial graphite mineralization, which will be instrumental in the
implementation of the upcoming confirmation work program and mine plan completion.
Pascal is a Franco-Canadian geologist based in Madagascar with over 25 year’s highly relevant
experience including the exploration and appraisal of mineralisation 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 University of Nancy an d a BSc from the University of
Besançon. He has worked throughout Madagascar and, i n addition to geological expertise, is
fully conversant with Malagasy mining law, and environmental and social regulations.
BEGO
The Company is working with CSU to complete phase Three scalability testing of its proprietary
patented BEGO process that converts Graphite to Graphene. We are hopeful to have a
commercially viable solution to the BEGO process this year.
BEGO, an acronym for Bio Electro Chemical Graphene Oxide (GO), is the only known bio
electro chemical process used to make Graphene Oxide. The BEGO process is a low impact,
eco friendly, cost effective, peer reviewed, PCT patent pending process that uses naturally
occurring microbes to exfoliate Graphene Oxide from graphite.
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Chedic Graphite Mine, Nevada
The Company has completed phase one auger and core drilling on the Chedic property . The
results as reported previously showed that graphite mineralization was encountered in multiple
lenses in each of the holes over the 500m length of the geophysical conductor target. It was
also recognized that there was a greater loss of material in the dia mond drilling method versus
recirculation method and there fore future drilling would utilize this method of drilling.
Neuron Graphite Project, Manitoba
The Neuron Graphite Project is an exciting high-grade graphite discovery located near the
Nickel-Copper-Cobalt PGE mining centre of Thompson, Manitoba. The company has applied for
and made a presentation in support of work permits to continue the work of exploring the size of
discovery and with the goal of determining its econo mic potential. The program is designed to
further test and delineate the Callinex 2014 drill program which intersected a 4.1meter section
grading 60.38 % carbon graphite included in a 56.0meter intersection grading 5.91% carbon
content (Callinex news rele ase April 24, 2014). Coarse flake graphite ranging from 100 µm
(micrometers) to 2000 µm (1000 µm = 1mm) was reported. The program would also enable the
use of state -of-the-art borehole geophysical survey s to look for deeper and nearby
mineralization not vi sible in previous airborne surveys . Management is patiently waiting for
receipt of exploration drill permits.
General Corporate Matters
The Company announced on Feb 8 th, 201 9 that it has arranged a strategic Non -brokered
Private placement of $600,000 Dollars, management believes that the placement will close this
week. LION continues to evaluate opportunities in the Graphite space and is excited to execute
on its plan in becoming a significant supplier of Graphite to the Energy Storage industry.
Further information about Global Li -Ion is available under its profile on the SEDAR website ,
www.sedar.com, on the CSE website , www.thecse.com, and the Company’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 statements. The use of any of the words
“anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “intend”, “believe” and similar
expressions are intended to identify forward -looking statements. Although the Company
believes that the expectations 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 give no assuran ce that they will prove to be correct. Since forward -
looking statements address future events and conditions , by their very nature they involve
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IN THE UNITED STATES.
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 under take
to update this information at any particular time.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of
the securities in the United States. The securities have not been and will not be registered under
the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state
securities laws and may not be offered or sold within the United States unless registered under
the U.S. Securities Act and applicable state securities laws or an exemption from such
registration is available.