Mr. Fahad Al-Tamimi announces today that, after consultation with other key shareholders, the time has come for a new direction and management for Mason. Mason deserves directors who will actively work to maximize the Company's opportunities and enhance shareholders' value. As a result, the Concerned Shareholder has filed a notice with the Secretary of the Company for the nomination of six highly-experienced directors [...]
Mason Graphite Inc. announces the mailing of its circular for the annual meeting of shareholders to be held on Thursday, December 10, 2020, at 10:00 AM . At a meeting of the Board of Directors held on October 22, 2020, the Board has approved the circular, including the list of directors comprising Gilles Gingras, Guy Chamard , Gaston Morin, Fran?ois Laurin, Peter Damouni and Fahad Al-Tamimi. 2nd Transformation Project [...]
Mason Graphite Inc. announces today the following Board and management changes, to become effective on September 1st, 2020. As previously announced, Chair and interim CEO Paul R. Carmel is resigning, to become President and CEO of Sidex S.E.C. Sidex is an institutional investment fund sponsored by the government of Quebec and the Fonds de Solidarit? FTQ and whose mission it is to invest in companies engaged in the mineral [...]
Mason Graphite Inc. is pleased to announce the appointment of Mr. Jean L’Heureux, P. Eng., M. Eng., as Chief Operating Officer of the Corporation, effective immediately. Since graduating in 1993, Mr. L’Heureux spent most of his career in the natural graphite industry, first with Imerys and since 2013, with the Corporation, where he has been in charge of all of the technical matters of the first and second transformation [...]
Mason Graphite is pleased to announce the appointment of Mr. Fahad Al Tamimi to the Corporation's Board of Directors, effective immediately. Mr. Al Tamimi is a Saudi-based businessman with global investment activities. He is President and CEO of SaudConsult, an engineering firm in Saudi Arabia responsible for many large infrastructure and construction projects in the country. Previously, he was a 50% partner of Worley [...]
Mason Graphite is pleased to present a corporate update and a change to its Board of Directors. Commercial Development and Strategic Discussions In recent weeks, Mason Graphite has intensified its discussions with important users of spherical graphite, a product used in Li-ion batteries. These potential customers, active in the electrification of transports, are actively working to develop and secure their future supply [...]
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 [...]