July 8, 2014, Toronto: Great Lakes Graphite Inc. (“Great Lakes” or the “Company”),is pleased to announce that it has retained First Canadian Capital Corp. (“First Canadian”) as a consultant to provide strategic marketing and investor relations services to raise Great Lakes’ profile within the investment community. First Canadian will initiate and maintain ongoing dialogue with retail brokers, analysts, portfolio managers and media groups to positively enhance market awareness of the Company.
Under the terms of the agreement with First Canadian (the “Agreement”), Great Lakes will pay First Canadian $6,000 per month and has granted First Canadian 350,000 incentive stock options at an exercise price of $0.10 per share, which shall vest in accordance with the company’s stock option plan and the policies of the TSX Venture Exchange. The Agreement and related stock option issuance to First Canadian remain subject to the approval of the TSX Venture Exchange.
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. As there are currently no graphite mines producing in North America, Great Lakes 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.
About First Canadian Capital Corp.: Based in Toronto and in the investor relations business for 17 years, First Canadian has assisted numerous North American corporations in gaining exposure and recognition within the global investment community. First Canadian’s core competencies are found in identifying quality assets and undervalued companies with high growth potential, and providing effective investor relations and market awareness services to those companies.
Great Lakes Graphite Inc. trades with symbol GLK on the TSX Venture Exchange and currently has 48,468,349 shares outstanding (69,078,240 fully diluted).
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.