Mason Graphite Announces Continuance to CBCA

MONTREAL, QUEBEC--(Marketwired - March 4, 2016) - Mason Graphite Inc. ("Mason Graphite" or the "Company") (TSX VENTURE:LLG)(OTCQX:MGPHF) is pleased to announce that the Company has continued (the "Continuance") out of the jurisdiction of the Business Corporations Act (Ontario) and into the jurisdiction of the Canada Business Corporations Act (the "CBCA"), effective as of March 3^rd, 2016. The Continuance was approved by the shareholders of the Company at the annual and special meeting of shareholders held on December 15, 2015.

Copies of the certificate of continuance and By-Law No. 1 are available on SEDAR under the Company's profile at www.sedar.com.

About Mason Graphite and the Lac Guéret Project

Mason Graphite is a Canadian mining and processing company focused on the development of its 100% owned Lac Guéret natural graphite deposit located in northeastern Québec. The Company is led by a highly experienced team that has over five decades of experience in graphite production, sales, and research and development. For more information, visit www.masongraphite.com.

Mason Graphite Inc. On Behalf of the Board

"Benoît Gascon, CPA, CA", President & Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.