Madagascar Graphite Project Update
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES.
908 – 510 Burrard Street
Vancouver, B.C. V6C 3A8
MADAGASCAR GRAPHITE PROJECT UPDATE
LION. CSE GBBGF. OTCQB 0TD. F
Vancouver, British Columbia, Canada (April 9th, 2019) – Global Li -Ion Graphite Corp.
(“Global Li-Ion” or, the “ Company”) (CSE: LION) updates shareholders and followers of the
Company on its progress towards preparing to recommence commercial production at the
Malagasy graphite Project .
Pascal Marchand M.Sc. P . Geol is overseeing and contributing key elements of the m ine
development and implementation plan being prepared by Lion to get its Ambato -Arana graphite
mines back into commercial production. Pascal reports that much of the access and mining
infrastructure remains in good condition. He further reports that the exposed graphite -bearing
layers in the exposed laterite cliffs are up to 10 meters thick. Other areas covered by Lion’s
permits have layers of up to 20, or even 30, meters in thickness. Pascal’s geolo gical analysis
suggests that the graphite bearing layers may be folded giving Lion additional graphite targets in
the vertical dimension as well as horizontally due to the extension of the graphite bearing layers
beyond the existing pits. In addition, he has worked with Lion to gather key historic data and
reports for analysis under the environmental and social impact studies being undertaken by
ECG Auguste.
Lion has evaluated access into its mine sites in the Tsanavoniany area which is on one of its
three mining permits (mining permit 97); and has determined that the road is in good condition,
requiring only minor repair and grading. This one area alone produced 95% Carbon graphite at
a steady annual rate of an estimated 2500 metric tons/year (mesh 80+) u sing less advanced
mining techniques than Lion intends to employ. [source: BRGM 2007 report], LION has 5
significant pits which have been mined previously and a large zone of graphite mineralization
extending beyond those pits across its permits which Lion is working to delineate and quantify.
Sam Malin, COO and Director, says "The ongoing analytical work on Lion's Malagasy graphite
mines continues to return encouraging results while at the same time Lion is moving forward
towards finalizing it mine development and implementation plan."
The technical content of this news release was reviewed and approved by Glen Macdonald,
P .Geo, who is a Qualified Person within the meaning of NI 43-101.
Further information about Global Li -Ion is available under its prof ile on the SEDAR website,
www.sedar.com, on the CSE website, www.thecse.com, and the Company’s website,
www.globalli-iongraphite.com.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES.
For Further information about the Company, please contact:
John Roozendaal
President
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. A lthough 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 w ill 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.
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 Stat es 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.