MONTREAL, Nov. 1, 2018 /CNW Telbec/ - SRG Graphite
Inc. (TSXV: SRG) ("SRG" or the "Company") is pleased to
announce that it has appointed Vincent P.
Hogue, M.Sc. as an observer to the board of directors
effective October 22, 2018.
Mr. Hogue holds a master's degree in industrial relations and
has worked in the securities industry for over 30 years. Until very
recently, Mr. Hogue worked as vice-president brokerage and private
management for the Desjardins Group and acted as executive
vice-president and head of personal services with Desjardins
Securities, responsible for leading both the discount and
full-service brokerage businesses.
In addition, as chairman of the board of directors of Desjardins
Investment Management, Mr. Hogue was responsible for business
development and strategies for the Desjardins Private Wealth
Management team including the private banking business.
From 2006 to 2012, he was senior vice-president and regional
manager Eastern Canada at TD
Waterhouse Private Investment Advice.
Between 1993 and 2004, he held several management and sales
positions at Fidelity Investments Canada Ltd.
Mr. Hogue was on the board of directors of QTrade from 2013 to
2018 and on the board of the Quebec chapter of the Investment Industry
Regulatory Organization of Canada
(IIROC) from 2011 to April 2018.
He also sits on the board of directors of the public trading
company Mobi724 Global Solution Inc. and is president of their HR
committee as well as on the board of directors of the Foundation of
the National Museum of Fine Arts of Quebec.
A volunteer for many charities, in particular those relating to
the well-being of children and education, Mr. Hogue sits on the
board of Fondation Gemini as well as being involved with Leucan. He
was also a member of the board for the Montreal Canadiens
Children's Foundation from 2012 to 2018.
"We are extremely pleased to announce Mr. Hogue's nomination as
an observer on our board. Mr. Hogue brings to the board significant
credentials and experience in the public markets," stated Mr.
Landry-Tolszczuk, President and COO of the Company.
"The wealth of experience, knowledge, and acumen that Mr. Hogue
contributes will be an incremental and welcome addition to the
board as we move closer toward the next phases of the Lola project.
Mr. Hogue will be formally appointed to the board of directors
following the Annual General Meeting to be held in 2019," confirmed
Mr. Benoit LaSalle, the Company's
executive chairman.
Mr. Hogue was granted 80,000 stock options of the Company. Each
option entitles Mr. Hogue to acquire one common share of the
Company at the price of $0.89 per
share for a 10-year period, subject to certain vesting
conditions.
SRG Engages Integral Wealth Securities Limited for
market-making services.
SRG wishes to announce that it has, pending regulatory approval,
retained the services of Integral Wealth Securities Limited
("Integral") to initiate its market-making service in order
to aid in maintaining an orderly trading market for the common
shares of the Company. In consideration of the services provided by
Integral, SRG will pay Integral a monthly cash fee of $6,000. Integral will not receive shares or
options as compensation. The agreement will have a minimum term of
six months. After the six-month term, the agreement may be
terminated by the Company following a 30-days notice.
Integral does not have any interest, directly or indirectly, in
the Company or its securities, or any right or intent to acquire
such an interest.
SRG Engages BT Global Growth Inc. for Investor Relations
Activities.
The Company has, pending regulatory approval, also engaged the
services of BT Advisory Inc. and its wholly owned subsidiary BT
Global Growth Inc. ("BTGG") for strategic investor relations
initiatives. The initiatives will include developing marketing
materials, identifying potential investors for the Company, and
establishing contact and coordinating meetings for the Company with
investors.
Pursuant to the agreement, BTGG will be granted 150,000 stock
options to purchase shares of the Company at $1.20 per share for a period of five (5) years
from the date of the signing of the agreement. The terms of the
engagement will commence upon the signing of the agreement and will
continue until the termination of the engagement by BTGG following
a 60-days written notice to SRG and/or by the Company following a
60-days written notice to BTGG.
Other than the options described above, BTGG does not have any
interest, directly or indirectly, in the Company or its securities,
or any right or intent to acquire such an interest.
ABOUT SRG
SRG is a Canadian-based company
focused on developing mineral deposits located in the Republic of
Guinea, West Africa. SRG is committed to operating in
a socially, environmentally, and ethically responsible manner.
For additional information, please visit SRG's website at
www.srggraphite.com.
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this
release.
Forward-Looking Statements
This press release contains "forward-looking information" within
the meaning of Canadian securities legislation. All information
contained herein that is not clearly historical in nature may
constitute forward-looking information. Generally, such
forward-looking information can be identified by the use of
forward-looking terminology such as "will", "continue",
"demonstrate", "potential", or variations of such words and phrases
or state that certain actions, events or results "may", "could",
"would" or "might". Forward-looking information is subject to known
and unknown risks, uncertainties, and other factors that may cause
the actual results, level of activity, performance, or achievements
of the Company to be materially different from those expressed or
implied by such forward-looking information, including but not
limited to: (i) volatile stock price; (ii) the general global
markets and economic conditions; (iii) the possibility of
write-downs and impairments; (iv) the risk associated with
exploration, development, and operations of mineral deposits; (v)
the risk associated with establishing title to mineral properties
and assets; (vi) fluctuations in commodity prices and other risks
and factors described or referred to in the section entitled "Risk
Factors" in the MD&A of the Company and which is available at
www.sedar.com, all of which should be reviewed in conjunction with
the information found in this news release.
Forward-looking information is based on assumptions management
believes to be reasonable at the time such statements are made,
including but not limited to, continued exploration activities and
no material adverse change in mineral prices. Although the Company
has attempted to identify important factors that could cause actual
results to differ materially from those contained in the
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated, or intended. There can
be no assurance that such forward-looking information will prove to
be accurate, as actual results and future events could differ
materially from those anticipated in such forward-looking
information. Such forward-looking information has been provided for
the purpose of assisting investors in understanding the Company's
business, operations and exploration plans and may not be
appropriate for other purposes. Accordingly, readers should not
place undue reliance on forward-looking information.
Forward-looking information is given as of the date of this press
release, and the Company does not undertake to update such
forward-looking information except in accordance with applicable
securities laws.
SOURCE SRG Graphite
