Standard Graphite Announces Appointment of New Director
March 15, 2013 (Source: Standard Graphite) Vancouver, BC — Standard Graphite Corp. (TSXV: SGH) is pleased to announce today that Hamish Greig has been appointed to its Board of Directors.
Mr. Greig is currently Director, Vice President, and Corporate Secretary of Lion One Metals. Directly and indirectly Mr. Greig has raised over $50 million in public equity financings over a 12 year period and has experience in various public market roles including investor relations, corporate finance, and administration. Prior to joining Lion One he was VP Corporate Development at Palladon Ventures (2004-2008) and a Director of Invenio Resources (2005-2009) and was involved in numerous property acquisitions in Utah and Nevada.
The appointment of Mr. Greig fills the board vacancy created from the resignation of a director Alan Hitchborn.
The company also advises the board of directors has approved the issuance of stock options to the Company’s directors and officers to acquire 175,000 common shares of the Company at a price of $0.15 per common share under the terms of a new stock option plan (the “2012 Plan”), subject to shareholder and TSX Venture Exchange approval. The Company will seek shareholder approval of the 2012 Plan at its Annual General Meeting to be held on April, 22, 2013.
Standard Graphite Corp is focused exclusively on the exploration and development of a large portfolio of flake graphite properties in Canada. The company is rapidly positioning itself as North America’s premier pure-play graphite exploration company and it controls 100% interest in 13 highly prospective graphite properties within known graphite districts in both Quebec and Ontario. An aggressive 2012 exploration strategy has commenced and will be implemented by a geologic team with the pedigree of a previous world-class graphite discovery.
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