Saint Jean Carbon Inc.

Saint Jean Carbon Inc.

November 18, 2015 12:00 ET

Saint Jean Carbon Brings Brad Little on Board

OAKVILLE, ONTARIO--(Marketwired - Nov. 18, 2015) - Saint Jean Carbon Inc. ("Saint Jean" or the "Company") (TSX VENTURE:SJL), a carbon sciences company engaged in the development of natural graphite properties and related carbon products, is pleased to announce that Brad Little will be joining the Saint Jean Carbon technical advisory board as Director of Intellectual Property and be responsible for all patent management, filing requirements and design engineering.

Brad Little is a Professional Engineer with a degree in Systems Design Engineering and over 30 years of work experience, most of which has been spent in the patenting profession, filing more than 500 patent applications. Brad spent a number of years as part of two patent firms before embarking on a consulting career that combined his experience in patenting with his degree in design engineering. His engineering and patenting background in various technical areas such as mechanics, electronics, computers, software, manufacturing and so on, allows him to readily deal with any technical area in terms of patenting, evolving Brad as an inventor. This unique background combines design engineering, patenting and inventing, and permits a unique all-encompassing approach to patenting and inventing.

Paul Ogilvie, CEO, commented: "Brad's talents will be a tremendous boost for the Company, as we need absolute assurance that we are protecting our intellectual property and that our design and engineering work is the best it possibly can be. In today's competitive world, we need whatever edge we can get to help build shareholder value."

The concentration around the design engineering work for the patents has focused on the needs for real world applications (see press release dated, Nov 16th, 2015) for both diamagnetic and ferromagnetic products. Being able to produce enough product in the future will be part two of the project, where there will be a need for mass production. Our design approach is that each application must be understood and engineered separately. There is no one size fits all. For the next phase of work we have put considerable effort and attention into protecting the graphene's highly organized carbon structure from damage. Many systems today damage the very core of what they are trying to create - the graphene. With the ability to produce large quantities without a reduction in ferromagnetic or diamagnetic qualities is goal number one.

Materials that contain unpaired electrons spinning in the opposite direction, such as graphite, are called diamagnetic materials. Unlike conventional carbon-based materials, e.g. graphite, the Saint Jean Carbon's developed graphene products are one-atom-thick two-dimensional nanostructures, show observed ferromagnetic properties at room temperature. Normally, ferromagnetism can be observed in metal (iron)-based materials. The ferromagnetic graphene could stem from the long-range coupling of spins in graphene sheet. The intrinsic ferromagnetism of graphene combining with its unique semiconductor and mechanic properties will expand the applications of graphene into semiconductor industry, spintronics, and super-sensitive medical and environmental detectors.

About Saint Jean

Saint Jean is a publicly traded carbon sciences company, with interest in graphite mining claims on five 100% Company-owned properties located in the province of Quebec in Canada. The five properties include the Walker property, a past producing mine, the Wallingford property, the St. Jovite property, East Miller and Clot property. For information on Saint Jean's other properties and the latest news please go to the website:

On behalf of the Board of Directors

Saint Jean Carbon Inc.

Paul Ogilvie, CEO and Director

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.

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Saint Jean's business and affairs. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "intends" "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Such forward-looking statements include those with respect to the Company's intention to complete the Offering, use the proceeds of the Offering as working capital to fund the continued development of the Company's business, the Company's intention to complete the Divestitures and the intention to become a graphite procuring company.

These forward-looking statements are based on current expectations, and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially. The forward-looking statements in this news release assume, inter alia, that the conditions for completion of the Transaction, including regulatory and shareholder approvals, if necessary, will be met.

Although Saint Jean believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that these expectations will prove to be correct. There are risks which could affect Saint Jean's ability to complete the Transaction, the impact of general global economic conditions and the risk that they will deteriorate, industry conditions, including fluctuations in the price of supplies and the risk that they will increase, that required consents and approvals from regulatory authorities will not be obtained, that activity in the lump or vein graphite business will not be at the level or of the nature anticipated, liabilities and risks inherent in Saint Jean's operations, technical problems, equipment failure and construction delay.

Statements of past performance should not be construed as an indication of future performance. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors, including those discussed above, could cause actual results to differ materially from the results discussed in the forward-looking statements. Any such forward-looking statements are expressly qualified in their entirety by this cautionary statement.

All of the forward-looking statements made in this press release are qualified by these cautionary statements. Readers are cautioned not to place undue reliance on such forward-looking statements. Forward-looking information is provided as of the date of this press release, and Saint Jean assumes no obligation to update or revise them to reflect new events or circumstances, except as may be required under applicable securities laws.

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