Northern Graphite Announces Grant of Options

January   12,   2015   –   Northern   Graphite   Corporation   (NGC:   TSXV)   announces   that   it   has   granted   options   to purchase  a  total  of  500,000  common  shares  to  its  five  non-­‐executive  directors  and  options  to  purchase  a  total of  150,000  common  shares  to  two  senior  officers  of  the  Company  pursuant  to  the  stock  option  plan  approved by  shareholders  on  June  5,  2014.    The  options  are  exercisable  at  any  time  at  a  price  of  $0.70  per  share  until January  8,  2020.    The  Company  currently  has  49,181,281  common  shares  issued  and  outstanding  and  after giving  effect  to  the  above  grants,  4,200,000  options  will  be  outstanding.

About  Northern  Graphite  Corporation  

Northern   Graphite   is   a   graphite   development   and   battery   technology   company   whose   100%   owned   Bissett Creek  project  is  located  in  eastern  Canada.    Bissett  Creek  provides  the  Company  with  a  natural  competitive advantage   in   the   battery   technology   field   as   it   has   the   highest   percentage   of   battery   grade   material,   the highest   reported   yield   on   conversion   to   anode   material   for   batteries   and   a   pristine,   highly   ordered   crystal structure  that  has  the  potential  to  improve  battery  performance.  The  Company  is  leveraging  these  advantages with  proprietary  coating  and  purification  technologies  to  make  better  and  lower  cost  anode  materials  and  to replace  the  damaging  environmental  practices  currently  used  in  their  manufacture.

Bissett   Creek   is   the   most   advanced   new   graphite   project   with   a   bankable   Feasibility   Study   and   its   major environmental  permit.    The  Company  believes  that  it  has  the  best  location/infrastructure,  the  lowest  capital cost   and   the   highest   operating   margin   of   any   new   graphite   project   and   that   it   is   the   only   one   to   have demonstrated  it  is  economic  at  current  prices  and  at  production  rates  that  are  unlikely  to  adversely  affect  the pricing  structure  of  the  industry.  Because  of  Chinese  supply  problems  and  the  continued  rapid  growth  in  new uses  such  as  lithium  ion  batteries,  new  western  sources  of  graphite  supply  are  needed.

Additional  information  on  Northern  can  be  found  at  www.sedar.com  and  www.northerngraphite.com.

This  press  release  does  not  constitute  an  offer  to  sell  or  the  solicitation  of  an  offer  to  buy  securities  in  any jurisdiction.

For  Additional  Information  Please  Contact:  

Gregory  Bowes,  CEO    or  Stephen  Thompson,  CFO  at  (613)  241-­‐9959

This  press  release  contains  forward-­‐looking  statements,  which  can  be  identified  by  the  use  of  statements  that  include words  such  as  "could",  "potential",  "believe",  "expect",  "anticipate",  "intend",  "plan",  "likely",  "will"  or  other  similar  words or  phrases.  These  statements  are  only  current  predictions  and  are  subject  to  known  and  unknown  risks,  uncertainties  and other  factors  that  may  cause  our  or  our  industry's  actual  results,  levels  of  activity,  performance  or  achievements  to  be materially  different  from  those  anticipated  by  the  forward-­‐looking  statements.  The  Company  does  not  intend,  and  does not  assume  any  obligation,  to  update  forward-­‐looking  statements,  whether  as  a  result  of  new  information,  future  events or   otherwise,   unless   otherwise   required   by   applicable   securities   laws.   Readers   should   not   place   undue   reliance   on forward-­‐looking  statements.

Neither   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  release.