Mason Graphite Announces Name Change to Mason Resources Inc. and Discusses New Graphite Reality and Sustainability Policy
- Mason Resources Inc. rebranding reflects evolving aspirations and objectives
- China's export controls on graphite could lead to higher graphite prices
- Development of battery anode supply chain in Western countries could be expedited
- Mason's high-grade graphite project in Canada could benefit from increased graphite prices
- None.
It is anticipated that, subject to the approval of the TSX Venture Exchange (the "TSX-V"), trading of the Company's common shares (the "Common Shares") under "Mason Resources Inc." will be effective as of the open of markets on October 27, 2023. The Common Shares will continue to trade under the existing trading symbols, "LLG" and "MGPHF", on the TSX-V and OTCQX, respectively; the new CUSIP and ISIN numbers assigned to the Common Shares are 57532C100 and CA57532C1005, respectively.
On Friday, October 20, 2023,
Mason's project, which carries one of the highest grades for any graphite deposits in the world, is under an Option and Joint Venture Agreement with industry leader Nouveau Monde Graphite Inc. (NYSE: NMG) (TSX-V: NOU); see the Company's press release dated May 16, 2022.
Link to Reuters article: https://www.reuters.com/world/china/china-require-export-permits-some-graphite-products-dec-1-2023-10-20/
Mason is proud to introduce its Environmental, Social and Governance ("ESG") Policy, an integral framework guiding the Company's approach to sustainability in all aspects of its business and investments. In recognizing the need to mitigate risks and fostering collaborative innovation to address climate change and systemic inequities within communities, Mason is setting the stage for a more inclusive and sustainable future.
The Company's commitment to sustainability extends beyond benefiting investors; it is a promise to all stakeholders. Mason's ESG Policy reflects an unwavering dedication to shaping a future where sustainability practices are central to risk reduction in the Company's investment strategy. In an evolving landscape where sustainability has become a paramount factor for business planning, this ESG policy establishes a comprehensive set of focus areas, providing tangible, measurable metrics that will seamlessly integrate into Mason's business model.
Visit our website at https://www.masonresourcesinc.com to learn more about the Company's strategic approach.
Mason Resources Inc. is a Canadian corporation focused on seeking investment opportunities. Its strategy is to develop vertical and horizontal integration in the mining industry, with a special focus on industrial and specialty minerals, notably battery-related materials and their by-products. Its strategy also includes the development of value-added products, notably for green technologies. The Company currently owns
For more information, please visit: www.masonresourcesinc.com
Neither the 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 press release.
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SOURCE Mason Graphite Inc.
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