TORONTO, ONTARIO--(Marketwired - Nov. 11, 2015) - Alabama Graphite Corp. ("AGC" or the "Company") (TSX VENTURE:ALP)(OTCQX:ABGPF)(FRANKFURT:1AG) is pleased to announce the appointment of Ann-Marie M. Pamplin, BA (Hons), BEd, as Director of Investor Relations, effective immediately. AGC is also pleased to announce and introduce the Company's new corporate identity - including a new logo proper, corporate website, corporate presentation, corporate fact sheet, and social media platforms - to better reflect the new strategic direction of the Company. Additionally, AGC announces that the Company has relocated its corporate head office from Vancouver, British Columbia to Toronto, Ontario in order to maximize corporate efficiencies.
Ann-Marie Pamplin is an investor relations, corporate development, marketing and communications professional with experience in both Canada and the United States for TSX- and TSX-V-listed, as well as OTCQX-listed resource companies. An active member of the Canadian Investor Relations Institute (CIRI), the U.S.-based National Investor Relations Institute (NIRI) and the Ontario College of Teachers (OCT), Ms. Pamplin holds an Honors Bachelor of Arts degree from McMaster University, a Bachelor of Education degree from Wilfrid Laurier University and earned her Canadian Securities Course (CSC®) certification from the Canadian Securities Institute in 2013. Ms. Pamplin is passionate about green energy and addressing American security of supply with regard to critical strategic materials, namely graphite.
Donald Baxter, Co-Chief Executive Officer commented, "the timely addition of Ann-Marie will enhance the investor communications program that AGC will be launching in Q4 2015. In addition to serving as the Company's primary inbound investor contact, Ann will be working to develop a targeted campaign to broaden AGC's reach to potential American and Canadian institutional investors, in addition to retail investors.
"Ann-Marie has visited both the Coosa Graphite Project and the Bama Mine Project multiple times and knows the state of Alabama well. She has toured local mining operations, in addition to local, state and regional infrastructure, including the Alabama State Port Authority's Port of Mobile," Mr. Baxter said. "I have had the pleasure of working with Ann in the past and welcome her in her new role with AGC."
As announced on October 22, 2015, AGC remains on schedule to publish the Coosa Graphite Project's Preliminary Economic Assessment ("PEA") National Instrument 43-101 ("NI 43-101") technical report on November 27, 2015, incorporating the Company's drill results from 2012 to summer 2015.
Donald K. D. Baxter, P.Eng., Co-Chief Executive Officer and Executive Director, is a Qualified Person as defined by National Instrument 43-101 ("NI 43-101") guidelines, and has reviewed and approved the content of this news release.
About Alabama Graphite Corp.
Alabama Graphite Corp. is a Canadian-based flake graphite exploration and development company. The Company operates through its wholly owned subsidiary, Alabama Graphite Company Inc. (a company registered in the state of Alabama). With the most advanced flake graphite project in the contiguous United States of America, Alabama Graphite Corp.'s objective is to become the first producing American graphite mine this century. A highly experienced team leads the Company with more than a 100 years of combined graphite mining, graphite processing, specialty graphite products and applications, and graphite sales experience. Alabama Graphite Corp. is focused on the exploration and development of its flagship Coosa Graphite Project in Coosa County, Alabama, and its Bama Mine Project in Chilton County, Alabama. As announced on October 13, 2015, the Coosa Graphite Project hosts an NI 43-101 Indicated Mineral Resource Estimate of 78.5 million tons grading 2.39% graphitic carbon (Cg) - the largest Indicated Mineral Resource of flake graphite in the United States. Please refer to the Company's technical report titled "Technical Report - Alabama Graphite Corp. - Coosa Project" dated September 5, 2013 prepared by Scott E. Wilson, C.P.G. and Stewart D. Redwood, F.I.M.M.M. and filed on SEDAR at www.sedar.com.
Alabama Graphite Corp. holds a 100% interest in the mineral rights for these two U.S.-based graphite projects, which are both located on private land. The two projects encompass more than 43,000 acres and are located in a geopolitically stable, mining-friendly jurisdiction with significant historical production of crystalline flake graphite in the flake graphite belt of central Alabama, also known as the Alabama Graphite Belt (source: U.S. Bureau of Mines). A significant portion of the Alabama deposits are characterized by graphite-bearing material that is oxidized and has been weathered into extremely soft rock. Both U.S. projects have infrastructure in place, are within close proximity to major highways, rail, power and water, and are approximately three hours (by truck or train) to the Port of Mobile, the Alabama Port Authority's deep-seawater port and the ninth largest port by tonnage in the United States (source: U.S. Army Corps of Engineers/USACE). The state of Alabama's hospitable climate allows for year-round mining operations and the world's largest marble quarry (which operates 24 hours a day, 365 days a year in Sylacauga, Alabama), is located within a 30-minute drive of the Coosa Graphite Project.
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Disclaimer for Forward-Looking Information
This press release contains forward-looking information under applicable Canadian securities laws ("forward-looking statements") that are based on the beliefs of management and reflect Alabama Graphite Corp.'s current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements. Such statements reflect the current view of Alabama Graphite Corp. with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among other things, the interpretation and actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of graphite; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the Company's publicly filed documents. Forward-looking statements are also based on a number of assumptions, including that contracted parties provide goods and/or services on the agreed timeframes, that equipment necessary for exploration is available as scheduled and does not incur unforeseen breakdowns, that no labor shortages or delays are incurred, that plant and equipment function as specified, that no unusual geological or technical problems occur, and that laboratory and other related services are available and perform as contracted.
Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and Alabama Graphite Corp. undertakes no obligation to update forward-looking statements (unless required by law) if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.
Alabama Graphite Corp. cautions that the foregoing list of material factors and assumptions are not exhaustive. When relying on Alabama Graphite Corp. forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and assumptions and other uncertainties and potential events. Alabama Graphite Corp. has also assumed that the material factors and assumptions will not cause any forward-looking statements to differ materially from actual results or events. However, the list of these factors and assumptions is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.
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