Northern Graphite Announces Board Appointment
Northern Graphite Announces Board
Appointment
Ottawa, Ontario--(Newsfile Corp. - January 11, 2024) - Northern Graphite Corporation
(TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG)
(
the "
Company
" or "
Northern
"
) is
pleased to announce the appointment of Ms. Samantha Espley to its Board of Directors.
A recipient of numerous professional awards across her career, including the Governor General's Gold
Medal, Mining Trailblazer Award, Ms. Espley is a visionary business executive with 34 years of mining
industry experience in corporate strategy, operations, and capital projects, and a leader in health and
safety, diversity and inclusion, and sustainability. She is an independent board member of Paramount
Gold Nevada Corp., a board member and Industry Chair with the Canadian Academy of Engineering,
and past President of the Canadian Institute of Mining, Metallurgy and Petroleum. She is a Senior
Advisor at Stantec and author of
The Whole Mine
approach as a core platform for engineering work
and guiding safe, sustainable, and engaging mining practises. She is a licensed professional engineer
with degrees from the University of Toronto and Laurentian University.
"We are proud to welcome Samantha to our Board and look forward to her bringing her extensive
experience to bear on our Company as we continue to build a leading, integrated, mine-to-market
company serving the energy transition," said Northern Graphite Chief Executive Officer Hugues
Jacquemin. "Samantha has a history of making transformation happen over the course of her work with
some of the world's most important mining companies and we are honored to have her join our team."
In connection with her appointment as a director of the Company, the Company has granted Ms. Espley
a total of 400,000 stock options under the Company's amended and restated stock option plan, which
have an exercise price of $0.55 per share, an exercise period of five years and which vest immediately
upon grant.
About Northern Graphite
Northern, the only graphite producing company in North America, is a Canadian, TSX Venture Exchange
listed company that is focused on becoming a world leader in producing natural graphite and upgrading
it into high-value products critical to the green economy, including anode material for lithium-ion
batteries/EVs, fuel cells and graphene, as well as advanced industrial technologies.
Northern owns and operates the Lac des Iles graphite mine in Quebec and expects to become the third-
largest natural graphite producer outside of China when its Namibian operations come back online. The
Company also has the large-scale Bissett Creek project in Ontario, and substantial additional measured
and indicated resources in Namibia and the Mousseau property in Quebec, which are expected to be
sources of continued production growth in the future.
All projects have "battery quality" graphite and are
located close to infrastructure in politically stable jurisdictions.
For Media Inquiries Contact
Pav Jordan, VP of Communications
Email:
For Additional Information
Please visit the Company's website at
https://www.northerngraphite.com/home/
, the Company's profile
on
www.sedarplus.ca
our
Social Channels
listed below or contact the Company at (613) 271-2124.
YouTube
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain "forward-looking statements" within the meaning of applicable
Canadian securities laws. Forward-looking statements and information are frequently characterized by
words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "potential",
"possible" and other similar words, or statements that certain events or conditions "may", "will",
"could", or "should" occur. Forward-looking statements in this news release include statements
regarding, among others, the Company's intentions to bring its Namibian operations back online and
develop the Company's other graphite projects. All such forward-looking statements are based on
assumptions and analyses made by management based on their experience and perception of
historical trends, current conditions and expected future developments, as well as other factors they
believe are appropriate in the circumstances. However, these statements are subject to a variety of
risks and uncertainties and other factors that could cause actual events or results to differ materially
from those projected including, but not limited to, unexpected changes in laws, rules or regulations, or
their enforcement by applicable authorities; the failure of other parties to perform as agreed; social or
labour unrest; changes in commodity prices; unexpected failure or inadequacy of infrastructure and
the failure of ongoing and contemplated studies to deliver anticipated results or results that would
justify and support continued studies, development or operations and the inability to raise required
financing. Readers are cautioned not to place undue reliance on forward-looking information or
statements.
Although the forward-looking statements contained in this news release are based on what
management believes are reasonable assumptions, the Company cannot assure investors that
actual results will be consistent with them. These forward-looking statements are made as of the date
of this news release and are expressly qualified in their entirety by this cautionary statement. Subject
to applicable securities laws, the Company does not assume any obligation to update or revise the
forward-looking statements contained herein to reflect events or circumstances occurring after the
date of this news release.
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
news release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/193888