Global Li-Ion Graphite Prepares to Reactivate Ambato-Aran Mine
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908 – 510 Burrard Street
Vancouver, B.C. V6C 3A8
GLOBAL LI-ION GRAPHITE PREPARES TO REACTIVATE AMBATO-ARAN MINE.
LION: CSE GBBGF: OTCQB 0TD:F
Vancouver, BC – March 26, 2019 – Global Li-Ion Graphite Corp. (“LION” or, the “Company”)
(CSE: LION) The Company is pleased to announce it has retained environmental consultant
ECG Auguste to undertake the updating and filing of the environmental and socia l impact
reports as required by the Malagasy authorities as part of the mining development and
implementation plan for Lion’s Ambato-Arana graphite mines.
ECG Auguste has a 25-year track record of preparing similar reports and the talented team that
they have assembled for this project has over 10 years of specific experience gained in Lion’s
project area covering both the environmental and social aspects. This work is well under way
and the Company plans to be in a position to file the necessary reports imminently.
The company is also delighted to announce the appointment of Tom Cushman as its Resident
Manager in Madagascar. Tom has over 25 years of operational experience in Madagascar,
including artisanal scale mining policy development. Mr. Cushman has also acted for many
years as a consultant to the Ministry of Mines and Energy as well as being a founding member
of the Malagasy National Mines Committee and is a Chevalier of the Ordre National de
Madagascar in recognition of his service to the Repub lic. Tom is the Managing Director of
Richfield Investor Services, an entity that assists international investors in navigating the
Malagasy business environment, with a particular focus on minerals and mining. In addition to
holding MBA and BBA degrees, Tom is also a Graduate Gemmologist. Richfield will also provide
general in-country logistical and administrative support.
Company President John Roozendaal states, “Retaining ECG Auguste and the appointment of
Tom Cushman are key steps in our ultimate goal o f reactivating the Ambato -Arana graphite
mines on as short a timeline as is possible. As the news releases of the past several months
show, 2019 is setting up to be an exciting year for the Company.”
Sam Malin adds “ The work currently being undertaken b y Lion in Madagascar shows the great
progress the Company is making to get its graphite mines back into production while remaining
in full adherence to Madagascar's regulatory framework while laying the foundation for Lion to
move towards a significant level of graphite output"
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES.
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”, “should”, “believe” and
similar expressions are intended to ide ntify 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 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. 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 undertake
to update this information at any particular time.