Current market conditions have led Mason Graphite Inc. to re-prioritize its projects. Therefore, Mason Graphite announces that the second transformation project has become the priority of the Company while the first transformation project has been postponed. Priority to the Value-Added Products Project Given the greater market demand and superior economics for value-added products of Mason Graphite, , this project has [...]
Mason Graphite Inc. announces today that Mr. Benoit Gascon. President, Chief Executive Officer and Director will retire, effective March 31, 2020. Mr. Paul R. Carmel, Chairman of the Board of Mason Graphite, commented: “On behalf of the Board of Directors, I would like to show my gratitude to Benoît who worked tirelessly in recent years to build a strong team and advance the Lac Guéret Project.&rdquo [...]
The battery test results obtained on a pilot batch of spherical graphite for Li-ion batteries from Mason Graphite Inc. as part of a value-added product development project are positive. The spherical graphite, purified and coated at pilot scale level, was tested in button half-cells to confirm its electrochemical performances as an anode material for Li-ion batteries. The [...]
Over 500 people attended the monitoring committee’s fifth public meeting for the Lac Guéret project held on October 29th. It was the highest turnout observed so far, which confirms the interest and the regional support toward the project. Ongoing Interest in the Project The initial aim of this meeting was to present the most recent work done by the monitoring committee. However, it was questions from the [...]
Mason Graphite Inc. announces the sale, on September 9th, 2019, of its investment in NanoXplore Inc. . As a result, the Company sold 22,188,333 common shares for a total net consideration of $ 28.2 million. These common shares, representing 18.3% of NanoXplore, were acquired through various private placements by NanoXplore at a total cost of $ 4.5 million. After this sale, Mason Graphite no longer holds any common shares [...]
Mason Graphite Inc. announces it filed an early warning report today in connection with the exercise by Mason Graphite of 1,111,111 warrants to purchase common shares in the capital of NanoXplore Inc., a publicly listed company on the TSX Venture Exchange trading under the ticker symbol GRA, at an exercise price of $0.70 per share. The warrants had been acquired by Mason Graphite pursuant to a private placement completed [...]
Mason Graphite Inc. announces that a process has been initiated to identify and appoint a new Chief Financial Officer . Luc Veilleux, CPA, CA, who has been dividing his time as CFO to both the Company and NanoXplore Inc. has now become CFO of NanoXplore on a full-time basis. Pascale Choquet, CPA, CA, the Company’ s Director of Finance and Administration, since January 2018, now assumes the role of CFO on an interim [...]
Mason Graphite Inc. is pleased to announce the commissioning of its Li-ion battery materials pilot plant and provides an update with respect to recent activities of its Value-Added Products . In parallel with the Lac Guéret Project, Mason Graphite Inc. continues to advance its highly strategic coated spherical graphite project for Li-ion batteries, and since the beginning of 2019, new milestones have been achieved [...]
On the occasion of Mason Graphite's luncheon conference in Baie-Comeau, the Mayor of Baie-Comeau, Yves Montigny, and Benoît Gascon, President and Chief Executive Officer of Mason Graphite, announced the acquisition of a 73-hectare site, at an approximate cost of $ 663,000, by the company in Jean-Noël-Tessier Park. "Mason Graphite officially becomes a corporate citizen of Baie-Comeau and that makes us very [...]
Mason Graphite Inc. provides an update on recent activities related to the Lac Guéret graphite mine and concentrator project . Significant progress has also been made on value-added products development and a dedicated press release will soon follow on this topic. Financing In recent months, the Company has actively continued discussions with the institutions interested in financing the construction of the Project [...]
Mason Graphite Inc. announces the resignation of Mr. Patrick Godin from its Board of Directors, the cumulation of his current functions preventing Mr. Godin from meeting his obligations to the Board of the Company. The Company sincerely thanks Patrick for his dedication and great contribution to the project and wishes him the best of luck in his other functions. Mason Graphite Inc. On Behalf of the Board [...]
Mason Graphite Inc. is pleased to announce that an important milestone regarding key process equipment has been reached and also provides a brief operational update. Mills in transit Mills being delivered in Baie Comeau Mills being delivered in Baie Comeau Press filter in transit First and foremost, four of the six grinding mills, which are the main process equipment, were delivered in Baie-Comeau. Two press filters as [...]