LION CSE GBBGF. OTCQB 0TD. F
Vancouver, British Columbia, Canada (Jun 27, 2019) – Global Li-Ion Graphite Corp. (“Global Li-Ion” or, the “Company”) (CSE: LION) is pleased to announce that Company President and CEO John Roozendaal has accepted an invitation by Manitoba Minister of Growth, Industry and Trade Mr. Blaine Pedersen to join the Manitoba Liaison Committee on Mining and Exploration (MLCME).
The committee is comprised of nine members who bring a range of experiences and expertise from within the mining and exploration industry of Manitoba, as well as from academia, business development and areas of law related to resource based rural communities.
Committee formation announcement: https://news.gov.mb.ca/news/index.html?item=45385
In the press release linked above, Manitoba’s Economic Growth Action Plan, Growth, Enterprise and Trade Minister Blaine Pedersen states:
“Mining is a long-time net contributor to Manitoba’s economic prosperity, and there is tremendous potential for wealth and job creation in the sector,” said Pedersen. “These highly qualified individuals will help us to attract investment and create jobs, better respond to the needs of business and industry, and develop the sector in a sustainable way.”
Committee Chair Shastri Ramnath states: “I am pleased to lead this committee of stakeholders and government,” said Ramnath. “Mining generates significant economic opportunities and large areas of high mineral potential in the province remain under-explored. The goal of this working group is to position the province to attract the investment it needs to discover and develop new mineral deposits in order to create economic opportunities for all Manitobans.”
Manitoba in the past has been a preferred destination for mineral exploration and mine development investment. More recently exploration and development has been greatly scaled back due in large part to uncertainty and delays in getting work permits for even early stage exploration activities.
This committee is part of the provincial governments initiative to revitalize the economic growth of its northern communities and return Manitoba to being a premier destination for mining and mineral exploration investment.
As followers of the Company are aware Global Li-Ion Graphite Corporation has been waiting for over a year for a work permit to commence a preliminary drill program to follow up the 2014 discovery of high-grade graphite mineralization at its Neuron Project. President John Roozendaal is pleased to be a part of the committee and to assist in its efforts to help the provincial government return Manitoba to its former statue, in the global mining industry.
Neuron is located 55 km SW of the mining centre of Thompson, Manitoba and 12 km south of the Waskwatim Hydro Electric Generating Station. The 200 Mega Watt Waskwatim generating station is a partnership between Manitoba Hydro and Nisichawayasihk Cree Nation (NCN). NCN is based at the community of Nelson House, located 80 km west of Thompson. Of particular interest to the company is that there are two 230 kV power transmission lines that pass within 3.5 km of the discovery zone mineralization.
Further information about Global Li-Ion is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and the Company’s website, www.globalli-iongraphite.com.
For Further information about the Company, please contact:
Director & Officer
Global Li-Ion Graphite Corp.
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This press release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “intend”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks discussed in the Company’s Management’s Discussion and Analysis under the Company’s profile on www.sedar.com. While the Company may elect to, it does not undertake to update this information at any particular time.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.