Mason Graphite Inc. presents detailed updated economics for the Lac Guéret graphite project . On October 25th, 2018, Mason Graphite communicated its new construction budget for the Project in its Corporate and Project update. This new budget is part of a full update of the economics of the Project . Benoît Gascon, President and Chief Executive Officer of Mason Graphite, commented: “As we are completing [...]
Mason Graphite Inc. is pleased to provide a detailed update on its Value-Added Products ongoing work and on its Tailings Valorization Program. Benoît Gascon, President and CEO, commented: “We are very pleased to have achieved all of the objectives that we set when we launched our value-added products program in 2015. Since the beginning of the project, we have followed our rigorous industrial approach targeted [...]
Mason Graphite Inc. is pleased to provide an update on its wholly-owned Lac Guéret graphite Project including the Baie-Comeau graphite concentrator plant and other recent corporate highlights. Mason Graphite’s President and CEO, Benoît Gascon, commented, “Our shareholders have been very patient as we continue to lay the groundwork for construction of the Lac Guéret mine site and the [...]
Mason Graphite Inc. is pleased to announce the appointment of Mr. Yves Perron as Vice-President, Engineering and Construction and Mr. Michel Clément as Project Controller. The appointments are pursuant to a secondment agreement recently concluded with Stornoway Diamond Corp. wherein Mr. Perron and Mr. Clément will be dedicated to the construction of Mason Graphite’s Lac Guéret Project during its [...]
The Company announces that it intends to issue an aggregate of 69,299 common shares of the Company at a deemed price per share of $1.71 in payment of $118,500 in interest due and payable under the Company's 12% convertible debentures, which are held by CDPQ Sodémex Inc., a subsidiary of the Caisse de dépôt et placement du Québec and Fonds de solidarité FTQ. The Debentures are due June 11 [...]
MONTREAL, June 06, 2018 -- Mason Graphite Inc. is pleased to announce that it has received the governmental authorization, via the issuance of Decree 608-2018 by the Québec Government, for its Lac Guéret Graphite project. Under the Québec Environment Quality Act, this governmental authorization is the main permit required prior to commencing construction activities for both the Lac Guéret and [...]
MONTREAL, April 12, 2018 -- Mason Graphite Inc. is pleased to announce that Mario Felicetti has joined the Company as Vice-President, Sales effective immediately. In the immediate future, he will be based in Amsterdam and will eventually relocate to the Company’s Head Office in Montreal. Mario Felicetti, MBA, Eng., is a Chemical Engineer with more than 15 years of experience in Sales and Marketing in several [...]
MONTREAL, March 20, 2018 -- Mason Graphite Inc. is pleased to announce that a down payment has been made to a global leader in minerals and metals processing technology equipment manufacturer in early January 2018, thus confirming a $12.2M purchase order issued in December 2017 covering approximately 30% of all the required equipment for the processing plant. This order covers key equipment with critical delivery schedule [...]
Mason Graphite Inc. is pleased to announce the appointment of Mr. Paul R. Carmel and Mr. Gilles Gingras to the Company's Board of Directors, effective immediately. Mr. Carmel will act as the new Chairman of the Board and Mr. Gingras will be appointed to the Audit Committee. Mr. Paul R. Carmel, ICD.D, is a professional with 30 years of experience in the mining field, having held senior management positions and board [...]
Mason Graphite Inc. is pleased to announce that it has closed the bought deal private placement offering announced on December 12, 2017. The Company issued, on a bought deal basis, a total of 18,750,000 common shares at a price of $2.40 per Share . The Offering was underwritten by a syndicate led by National Bank Financial Inc., and including Paradigm Capital Inc., Cormark Securities Inc., BMO Nesbitt Burns Inc [...]
Mason Graphite Inc. announces that the Company has entered into an agreement with a syndicate of underwriters led by National Bank Financial Inc. , under which the Underwriters have agreed to buy on a bought deal basis 18,750,000 common shares of the Company at a price of $2.40 per share for gross proceeds of $45,000,000 . The Shares will be offered by way of private placement in all the provinces of Canada to accredited [...]
Mason Graphite Inc. and its Board of Directors are pleased to announce the appointment of Patrick Godin, Eng., ASC, as a Director as of November 23, 2017. Patrick Godin's extensive experience in project development and operations will be highly valuable to the Company as it moves forward. Mr. Godin is currently Chief Operating Officer of Stornoway Diamond Corp. where he has overall responsibility for the development of [...]