Swiss-EMX & Global Li-Ion Prepare to Launch Graphite Token
908 – 510 Burrard Street
Vancouver, B.C. V6C 3A8
Swiss-EMX & Global Li-Ion Prepare to Launch Graphite Token
LION: CSE GBBGF: OTCQB 0TD. F
Vancouver, British Columbia, Canada (Feb 28, 2019) – Global Li-Ion Graphite Corp. (“Global
Li-Ion” or, the “ Company”) (CSE: LION) is pleased to announce that Swiss EMX has notified
LION it will proceed with the launch of its ground-breaking Graphite Token.
The news follows Swiss EMX’s agreement to make its good faith payment following the
proposed offtake agreement to supply Graphite from the Ambato -Arana graphite project in
Madagascar
Swiss EMX plans to launch pre -sales of its Commodity backed Graphite Token in the coming
weeks.
Bernino Lind of Swiss EMX comments “In 2017 both the United States President and European
Commission deemed Graphite, Lithium and Cobalt amongst others as strategic resources
critical for national security – when we saw that these e -minerals are not accessible for retail
investors and for the most part do not trade on a transparent spot price it was evident that a new
transparent mechanism was needed to quote, trade and deliver the energy Metals.”
The rise of electric vehicles and alternative energy is expected to spark a renaissance in the
energy storage sector. This will greatly increase the demand for essential e-minerals underlining
the importance of increased liquidity in an essential market.
Swiss EMX plans to solve this looming liquidity crisis before it begins. It will utilize cutting edg e
blockchain technology to facilitate the trading of e -metals using smart contracts. These
contracts allow for faster and cheaper settlement between the buyer and seller and will
ultimately be used to streamline the physical delivery of the underlying comm odity between
producers and consumers.
About Swiss-eMX.com
Swiss-eMX.com is pioneering the tokenization of energy metals using a three -stage approach.
First, by offering commodity backed tokens followed by secondary trading of the tokens on
regulated exchanges, this will allow for speculation and liquidity in otherwise illiquid commodities
and finally the token will facilitate the delivery of the physical underlying commodity via smart
contracts using cutting edge blockchain technology.
Ambato-Arana Graphite Mine, Madagascar
The Company continues to make very significant progress in its 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 needed to put the project back into economic
production.
The Company has 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 and a BSc from the University of
Besançon. He has worked throughout Madagasca r and, in addition to geological expertise, is
fully conversant with Malagasy mining law, and environmental and social regulations.
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. Forward looking statements in
this release may include, without limitation, the decision of Company and Swiss EMX to sign a
definitive offtake agreement, project economics, permitting, the development timeline, the
Company’s objective to produce graphite. Although the Company believes that the expectations
and assumptions on which the forward -looking statements are based are reas onable, 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 i nvolve inherent risks and uncertainties. Such factors include, among other things, the
interpretation and actual results of current exploration activities; changes in project parameters
as plans continue to be refined; future prices of graphite; possible v ariations in grade or
recovery rates; failure of equipment or processes to operate as anticipated; the failure of
contracted parties to perform; labor disputes and other risks of the mining industry; delays in
obtaining governmental approvals or financing or in the completion of exploration, as well as
those factors disclosed in the Company's publicly filed documents. 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.