Great Lakes Graphite Announces Listing on Frankfurt Stock Exchange
January 19, 2015 (Source: Newsfile) — Great Lakes Graphite Inc. (TSXV: GLK) (OTCPINK: GLKIF) (FWB: 8GL) (“Great Lakes” or the “Company“) wishes to announce that shares of the Company are now listed for trading on the Frankfurt Stock Exchange, under the symbol “8GL”. The Frankfurt Exchange is considered to be the world’s third largest stock exchange, after the NASDAQ and the NYSE.
CEO Paul Gorman said, “The Frankfurt listing is timely and strategic in light of the recent growing interest in carbon-based products by the German investment community and also because of the banking relationships that Great Lakes has established in Europe over the last 18 months.”
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About the Frankfurt Stock Exchange: FWB® Frankfurter Wertpapierbörse (Frankfurt Stock Exchange) is one of the world’s largest trading centres for securities. Operated by the Deutsche Börse AG, FWB is the largest of the eight Germany stock exchanges. The Deutsche Börse’s products and services portfolio cover the entire process chain including securities and derivatives trading, transaction settlement, the provision of market information, as well as the development and operation of electronic trading systems. For more information, visit the Deutsche Börse at: http://deutsche-boerse.com.
About Great Lakes Graphite: 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 particularly with the advancement of battery storage, mobile battery systems and alternative energy infrastructure.
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 natural graphite, where pricing and demand continue to rise.
The Company, through strategic acquisitions and capable management will become a leader in the industrial minerals marketplace. The Company’s flagship graphite property is located in Lochaber Township of southwestern Québec. The Company has also entered into option and joint venture agreements with Eloro Resources Inc. on the Summit-Gaber Cobalt property located in the La Grande Greenstone Belt in the Baie James region of Québec. Further information regarding Great Lakes can be found on the Company’s website at: www.GreatLakesGraphite.com.
Great Lakes Graphite trades with symbol GLK on the TSX Venture Exchange and currently has 78,714,820 shares outstanding (115,278,656 fully diluted).
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.
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>