Eagle Graphite Incorporated Begins Trading on the TSXV
On December 19, 2014, Eagle announced that it had received shareholder approval for its previously announced business combination (the "Transaction"). The Transaction was a reverse take-over transaction of Amerix by Eagle Graphite Corp. The Transaction has now received the final approval of the TSXV. The total number of issued and outstanding common shares of Eagle at the resumption of trading will be 270,241,495, on a non-diluted basis.
About Eagle
Eagle Graphite Inc. is an Ontario company that specializes in natural flake graphite mining. It owns one of only two operating natural flake graphite mines in North America, located 35 kilometres west of the city of Nelson in British Columbia, Canada, and 70 kilometres north of the state of Washington, USA, known as the Black Crystal graphite mine. The Company's shares are listed on the TSXV under the symbol "EGA" and on the Frankfurt Stock Exchange under the symbol "NJGN".
Cautionary Statements
Disclosure Regarding Forward-Looking Statements: This press release contains certain "Forward-Looking Information" within the meaning of applicable securities legislation. Eagle uses words such as "might", "will", "should", "anticipate", "plan", "expect", "believe", "estimate", "forecast" and similar terminology to identify forward looking forward-looking information. Such information is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking information and accordingly, readers should not place undue reliance on such information. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. In evaluating forward-looking information, readers should carefully consider the various factors which could cause actual results or events to differ materially from those expressed or implied in the forward looking information. The statements in this press release are made as of the date of this release. The Company undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Company or its securities, its financial or operating results, as applicable.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Contact
Eagle Graphite Inc.
Jamie Deith, President & Chief Executive Officer
(604) 909-4237
jdeith@eaglegraphite.com
Eagle Graphite Inc.
Dan Hamilton, Chief Financial Officer
(647) 260-0470
dhamilton@eaglegraphite.com