Strike Graphite Corp.
TSX VENTURE : SRK

Strike Graphite Corp.

April 02, 2012 09:39 ET

Strike Graphite Appoints Chief Executive Officer

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 2, 2012) - Strike Graphite Corp. (TSX VENTURE:SRK) (the "Company") is pleased to announce the appointment of Blair Way as Chief Executive Officer.

Blair Way is a seasoned management professional with a career spanning over 25 years within the precious metals, petroleum exploration and development, and mining construction sectors throughout Australia, Asia, Canada, the United States and the United Kingdom. In the past several years, Mr. Way has demonstrated success in building and managing teams through to achieving either a major resource milestone or advancing development projects into production.

Mr. Way's recent career path is highlighted as follows:

Most recently - VP Project Development for Ventana Gold (Vancouver), advancing projects in Colombia and recently acquired by Brazilian billionaire Eike Batista for $1.4 billion.

Just prior - President and Project Director, Oceanagold Philippines, overseeing the construction of the Didipio gold copper project.

As well as - Project Manager Non Ferrous Group with Hatch Associates (Brisbane), providing project management support for various mining and metal related projects in Australia, South Africa, China, Papua New Guinea and South East Asia.

Earlier - Project Director for BHP's Major Projects division (QNI Pty Ltd) in Townsville, Queensland.

Mr. Way holds a Bachelor of Science (Petroleum Geology) from Acadia University in Nova Scotia, Canada, as well as a Masters of Business Administration from the University of Queensland, Australia.

Blair Way remarks about his appointment, "While it is very satisfying to be coming off some success by being part of the Ventana team during a take-over, it is now very gratifying at this point in my career to secure a key role within a commodity sector which I am certain is poised for explosive growth in these coming years. I'm delighted to be part of it and looking forward to applying my skills and experience in a Company with such great potential."

Geoff Balderson, who will remain as President, remarks on the appointment, "We're very pleased to have Blair come on board with us. The Company is committed to assembling a first class executive and management team in the graphite space, a team with the ability to build and manage projects through the development to PEA stage and through the joint venture and acquisition process. Blair Way is qualified to lead this team and advance the Company rapidly for the benefit of all shareholders."

About the Company:

Strike Graphite Corp. is a progressive exploration company with seasoned management targeting strategic assets on a global scale. In addition to aggressively advancing its graphite properties in north eastern Saskatchewan toward the goal of achieving a compliant 43-101 resource by Q4, 2012, the Company is also advancing the Satterly Lake gold project in north western Ontario, located just west of Gold Canyon Resources Inc.

On behalf of the Board of Directors,

Geoff Balderson, President

For more information on the above or to view the Company's Corporate Presentation on its Graphite assets and opportunity, please visit the Company's website at www.strikegraphite.com.

We seek safe harbor.

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.

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