MONTRÉAL, Aug. 8, 2022
/CNW Telbec/ - Mason Graphite Inc. ("Mason Graphite" or the
"Company") (TSXV: LLG) (OTCQX: MGPHF) wishes to congratulate Black
Swan Graphene Inc. ("Black Swan") (TSXV: SWAN) on the closing of
its Qualifying Transaction (as such term is defined in TSX Venture
Exchange (the "TSXV") Policy 2.4 – Capital Pool Companies)
announced by Black Swan in its news release dated August 2, 2022. At market open on Tuesday August 9, 2022, Black Swan's common
shares will commence trading on the TSX Venture Exchange (the
"TSX-V") under the ticker symbol "SWAN". Mason Graphite owns
approximately 41.49% of the issued and outstanding shares of Black
Swan.
About Mason Graphite
Mason Graphite is a Canadian corporation focused on the
production and transformation of natural graphite. Its strategy
includes the development of value-added products, notably for green
technologies like transport electrification. The Company also owns
100% of the rights to the Lac Guéret deposit, one of the richest
graphite deposits in the world. The Company is also the largest
shareholder of Black Swan Graphene Inc., a Canadian private company
focusing on the large-scale production and commercialization of
patented high-performance and low-cost graphene products aimed at
several industrial sectors, including concrete, polymers, Li-ion
batteries and others.
For more information, please visit: www.masongraphite.com.
About Black Swan
Black Swan Graphene Inc. is focused on the large-scale
production and commercialization of patented high-performance and
low-cost graphene products aimed at several industrial sectors,
including concrete, polymers, Li-ion batteries, and others, which
are expected to require large volumes of graphene and, in turn,
require large volumes of graphite. Black Swan aims to leverage the
low cost and green hydroelectricity of the province of Québec as
well as the proximity of the eventual production sites of Mason
Graphite in order to establish a fully integrated supply chain,
reduce overall costs, and accelerate the deployment of graphene
usage.
For more information, please visit:
www.blackswangraphene.com
Mason Graphite Inc. on behalf of the Board of
Directors:
"Peter Damouni", Executive Director
Mason Graphite Inc.
Additional Information
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.
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SOURCE Mason Graphite Inc.