NovoCarbon Names Technology Entrepreneur Bruce Reading to Board of Directors
11 Januar 2019 - 2:00PM
Great Lakes Graphite Inc., doing business as NovoCarbon
Corporation, (“
GLK”, “
NovoCarbon”
or the “
Company” TSX-V:GLK, OTCQB:GLKIF, FWB:8GL)
today announces the appointment of Bruce Reading as a Director of
the Company, subject to approval by the TSX Venture Exchange.
Bruce Reading brings nearly 30 years of experience
building teams and creating business value in a variety of
strategic roles including sales, marketing, asset management,
mergers & acquisitions and operations to NovoCarbon. Mr.
Reading said, "NovoCarbon is a customer-centric, quality driven,
technology company that is operating in the graphite sector.
The ecosystem of partnerships they have built has positioned the
company for scale and success during a very exciting time for the
industry. I believe that my background is ideally suited to be able
to assist NovoCarbon through its’ next chapter of growth and I am
delighted to become a member of the Board of Directors.”
Bruce is Chairman and CEO of Pica9 and has founded
and built multiple successful businesses. Before founding Pica9,
Bruce was CEO of VoltDB, a venture-capital backed enterprise
software company. Bruce also served as senior vice president
and general manager for Compuware Corporation. Prior to Compuware,
he spent six years as president, chief operating officer and senior
vice president at Gomez, Inc. Bruce has also served in senior
management capacities at Access International, Cayman Systems and
Dictaphone Corporation. A native Canadian, Bruce maintains an
active role in the startup community as a seed investor and board
member to several early stage companies, is a father to four great
kids and an avid hockey fan. Bruce received his BS in Economics
from McMaster University.
Mr. Paul Ferguson, CEO of NovoCarbon’s USA
subsidiary said, “Bruce Reading has been a great friend to the
Company over the past few years and we have benefited from his
informal advice and counsel. For Bruce to take on the
responsibilities of a Director is a natural evolution of this
process. Bruce’s business acumen and entrepreneurial
experience will be a tremendous benefit to the Board and to the
Company’s shareholders.”
About NovoCarbon Corporation:
NovoCarbon is a Clean Technology Minerals Processing Company
supplying customers with innovative, high quality value-added
carbon products.
There is no significant graphite production in
North America now. As pricing and demand continue to rise,
NovoCarbon is one of the first new domestic suppliers to a growing
regional customer base. We continually work to deliver products of
the best quality with outstanding customer service.
The Company is party to an agreement for
long-term supply of high quality natural graphite concentrate from
Brazil. NovoCarbon is presently working with an established
US-based processor for toll micronization services. The Company has
partnered with Ashland Advanced Materials for commercial-scale
purification operations at Ashland’s 110,000 square foot
purification facility located in Niagara, New York.
Through our partner relationships, NovoCarbon
began selling micronized synthetic graphite beginning in 2016 and
now supplies micronized and high purity micronized natural flake
graphite products to a growing customer base.
Further information regarding NovoCarbon can be
found on the Company’s website at: www.novocarbon.com.
NovoCarbon trades as GLKIF on the OTCQB market
in the US and as GLK on the TSX Venture Exchange in Canada.
There are currently 132,656,830 shares outstanding.
Note: The current legal name of
the corporation is Great Lakes Graphite Inc., which is doing
business as NovoCarbon Corporation until final approval by the
shareholders and the TSX Venture Exchange.
For more information, please
contact:
Paul GormanChief Executive OfficerEmail:
pgorman@greatlakesgraphite.com
Paul FergusonCEO, NovoCarbon, Inc. Email:
pferguson@novocarbon.com1-800-754-4510 x106
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.
Caution Regarding Forward Looking
Information: Certain statements in this press release may
constitute "forward looking information" which involves known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward looking
information. When used in this press release, such forward looking
information may use such words as "may'', "will'', "expect'',
"believe'', "plan'' and other similar terminology. Forward looking
information is provided for the purpose of presenting information
about management's current expectations relating to the future
events and the operating performance of the Company, and readers
are cautioned that such information may not be appropriate for
other purposes. The forward looking statements involve a number of
risks and uncertainties. These risks and uncertainties include, but
are not limited to, the ability of the Company to fulfill the
orders and future orders, regulatory requirements, general
economic, market or business conditions and future developments in
the sectors of the economy in which the business of Great Lakes
operates. The foregoing list of factors is not exhaustive. Please
see the Company's financial statements, MD&A and other
documents available on www.sedar.com , for a more detailed
description of the risk factors. The Company undertakes no
obligation to update publicly or revise any forward looking
information, whether a result of new information, future results or
otherwise, except as required by law.
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