May 27, 2014, Toronto: Great Lakes Graphite Inc. (the “Company”),is pleased to announce that the Board of Directors has appointed Ms. Laura Mottola as a new member of the Board.
Ms. Mottola is President and CEO of Flow Partners Inc., a management consulting company that provides strategic oversight and tactical execution of technology and business improvement programs to leading global mining and engineering companies. In addition to being highly accomplished academically and professionally, for the last four years Ms. Mottola has acted as a trusted advisor to the leadership team of KGHM International and the Sierra Gorda joint-venture in Chile. Furthermore, Ms. Mottola has held a variety of leadership roles at professional organizations including the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) and served as a ofMember of the Board of Directors of PRECARN Inc. (2006-2012), an independent Innovation not-for-profit corporation that supports the pre-commercial development of Canadian leading-edge technologies. Ms. Mottola received a Bachelor of Engineering, Mining degree and a Master of Engineering, Mining Automation degree from McGill University.
CEO Paul Gorman said, “Having Laura Mottola join our Board is a significant milestone in the process of preparing the Company to become an emerging producer of industrial minerals. Laura’s skills and expertise are highly complementary to our business plan; the knowledge and experience she brings to the table are critical to building an operation that will yield the greatest efficiencies and therefore the highest margins.”
Laura Mottola said, “Great Lakes Graphite is at a point where they can really benefit form the work I have done in the areas of Lean Mining, mining automation, process control and the application of technology to maximize efficiency and reduce costs. I have enjoyed getting to know the team and I am looking forward to working with all of them to bring Great Lakes Graphite to become a world-class producer of quality graphite.”
See more about Laura Mottola in “100 Global Inspirational Women in Mining 2013”.
About Great Lakes Graphite Inc.:Great Lakes Graphite Inc. is an industrial minerals company with the mandate to bring graphite projects to production through the acquisition and development of high quality graphite flake properties. Graphite has moved to the forefront of the Industrial Mineral World as a Critical Mineral required for industrial use and as a major component in the development of new technologies. With the advancement of battery storage, mobile battery systems and alternative energy infrastructure, it is estimated that 20 new graphite flake mines will be required to keep up with worldwide demand by the year 2020.
As there are currently no graphite mines producing in North America, Great Lakes Graphite has the ability to become one of the first producers to supply a growing regional customer base that requires high-quality flake graphite, where pricing and demand continue to rise.
The Company, through strategic acquisitions and capable management intends to become a leader in the industrial minerals marketplace. The Company’s graphite properties are located in the Buckingham and Lochaber Townships of southwestern Québec (Outaouais/ Gatineau). The Company has also entered into option and joint-venture agreements with Eloro Resources Inc. on the Summit-Gaber property located in the La Grande Greenstone Belt in the James Bay region of Québec. Further information regarding Great Lakes can be found on the Company’s website at: www.GreatLakesGraphite.com.
Great Lakes Graphite Inc. trades with symbol GLK on the TSX Venture Exchange and currently has 42,504,819 shares outstanding (61,638,982 fully diluted).
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