USA Graphite Forms Strategic Advisory Board to Accelerate Project Development Strategy
May 29, 2013 (Source: PR Newswire) — USA Graphite Inc. (OTCQB: USGT) (“USA Graphite”), a publicly traded U.S. exploration company focused on the acquisition, exploration, and development of world class graphite properties in North America, is pleased to announce the formation of the USGT Strategic Advisory Board.
“The opportunity to work closely with an expert Strategic Advisory Board will allow us to rapidly build out our management team to fully leverage the corporate momentum that we are just starting to build,” stated Mr. Wayne Yamamoto , President and CEO of USA Graphite. “The selected Strategic Advisory Board members will complement and support the existing management team and will offer invaluable guidance, as the Company works to ramp up exploration in Nevada. It is our goal to become a producing graphite mining company and assist the country in securing its strategic domestic supply of graphite.”
USGT anticipates that the Strategic Advisory Board will be comprised of select industry experts in the fields of mining, science and technology, corporate finance, business management, and the environment.
The Company intends to appoint the first members to the USGT Strategic Advisory Board over the next several weeks at which time further press releases will be issued.
About USA Graphite:
USA Graphite is a publicly traded U.S. exploration company focused on the acquisition, exploration, and development of graphite properties in North America. USA Graphite intends to establish itself as a strategic domestic graphite supplier in the United States. The Company is currently advancing three (3) graphite projects in Nevada offering, what the Company believes to be, considerable potential for the discovery of economic reserves of large flake, high-grade graphite; Blue Wing Mountains (1,985 acres – Pershing County), Gordon Creek (200 acres – Elko County), and Ruby Mountains (785 acres – Elko County). For additional information please visit http://www.usa-graphite.com.
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“Safe Harbor” Statement:
Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the Company’s expectations with regard to the future impact on the Company’s results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Notice Regarding Forward Looking Statements: This press release includes forward-looking statements that involve a number of risks and uncertainties, including the success of the programs it is commercializing and developing. Further, the risks involve the ability of the Company to raise capital to fund its operations and the capital requirements for the development and marketing of its products. Investors are encouraged to review the risk factors listed or described from time to time in the Company’s filings (10K, 10Qs, S-1 and others) with the Securities and Exchange Commission.