Great Lakes Graphite Engages Investor Relations Firm
In connection with the engagement, Investor Cubed has been awarded a consulting contract paying $5,000 per month for a term of twelve months. In addition, Investor Cubed has been granted options to purchase 400,000 shares of Great Lakes Graphite at a price of ten cents ($0.10) per share. The options will vest quarterly over a period of one year and will be governed by the provisions of the Company's stock option plan and policies of the TSX Venture Exchange.
Neil Simon, Investor Cubed's CEO comments: "We are pleased to be working with Great Lakes Graphite as they represent a unique opportunity for investors in the small cap sector. As the Company is positioned to become one of the first producers of high quality flake graphite in North America, we see Great Lakes becoming an important player in a rapidly growing and important market niche."
Paul Gorman, Great Lake Graphite's CEO, comments, "Our management team is committed to raising market awareness for the Company. The appointment of Investor Cubed brings an experienced investor relations group with broad industry contacts to our team and their support in communicating Great Lakes Graphite's message to the public markets will be important."
About Investor Cubed Inc.:
Investor Cubed provides specialized consulting services to a select group of leading emerging and mid-capitalization companies, with an objective of taking our clients to the next level. Investor Cubed assists these companies in gaining exposure to an established national network of financial industry professionals. This broad network includes investment advisors, bank owned investment dealers and leading independent financial firms. In addition, Investor Cubed provides traditional investor relations services including tailored national marketing and communications strategies.
About Great Lakes Graphite:
Shield Gold Inc., operating as Great Lakes Graphite, is an industrial minerals company with the mandate to bring graphite projects to production through the acquisition and development of high quality graphite flake properties. Graphite has moved to the forefront of the Industrial Mineral World as a Critical Mineral required for industrial use and as a major component in the development of new technologies. With the advancement of battery storage, mobile battery systems and alternative energy infrastructure, it is estimated that 20 new graphite flake mines will be required to keep up with demand by the year 2020.
As there are currently no graphite mines producing in North America, Great Lakes Graphite has the ability to become one of the first producers to supply a growing regional customer base that requires high quality flake graphite, where pricing and demand continue to rise.
The Company, through strategic acquisitions and capable management intends to become a leader in the industrial minerals marketplace. The Companys graphite properties are located in the Buckingham and Lochaber Townships of southwestern Québec. The Company has also entered into option and joint venture agreements with Eloro Resources Inc. on the Summit-Gaber property located in the La Grande Greenstone Belt in the James Bay region of Québec. Further information regarding Great Lakes can be found on the Companys website at: www.GreatLakesGraphite.com.
Shield trades with symbol SHG on the TSX Venture Exchange and currently has 42,504,819 shares outstanding (62,038,982 fully diluted).
For more information, please contact:
Great Lakes Graphite Inc.
Paul A. Gorman, CEO
Tel.: 416-768-6101
Email: pgorman@GreatLakesGraphite.com
www.GreatLakesGraphite.com
Investor Cubed Inc.
Neil Simon, CEO
Tel: 416-258-3311, 888-258-3323
E-mail: info@investor3.ca
www.investor3.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.