SRG Graphite Inc. ("SRG" or the "Company") announced that the company's board of directors has approved a new corporate structure. The Company has appointed Mr. Raphael Beaudoin as Vice-President, Operations, Metallurgy and Process Design, Mr. Elias J. Elias as Vice-President, Legal and Corporate Affairs and Corporate Secretary, Mr. Mathieu Charette as Vice-President Finance and Corporate Controller, and Mr. Michel Labonte as General Manager of SRG Guinea. Mr. Beaudoin worked as a plant metallurgist at the Minto Mine in the Yukon before joining the Nunavik Nickel Project for Canadian Royalties Inc. in 2012.

He participated in the implementation of the Nunavik Nickel concentrator as a plant metallurgist, and later secured the position of chief metallurgist, where he oversaw many strategic projects of the concentrator. Before joining SRG, Mr. Beaudoin worked as the concentrator superintendent also for Canadian Royalties Inc., overseeing the operations, metallurgy, maintenance and power generation of the concentrator. In conjunction with the appointment of Mr. Elias, Ms. Kathleen Jones-Bartels has resigned her position as Corporate Secretary and will continue with the Company as Assistant Corporate Secretary.

Mr. Elias has extensive experience in West Africa in both the mining and the energy sectors. Before joining SRG, he served as General Counsel and Corporate Secretary of Windiga Energy Inc. Previously, Mr. Elias was Legal Counsel at SEMAFO as well as with Gildan Activewear. In conjunction with the appointment of Mr. Charette, Ms. Isabelle Gauthier has resigned her position as Chief Financial Officer effective August 31, 2018.

In addition to his position as President and COO, Mr. Ugo Landry Tolszczuk will be taking on the role of acting CFO. Mr. Charette has been a member of the Ordre des Comptables Agrees du Quebec since 2006. He has worked in a financial role with mining companies in West Africa since 2008, first as corporate controller with GoviEx Uranimum Inc. and then for five years as CFO and secretary for WAI Capital Investments Corp.

He has over thirteen years of experience in financial management, financial reporting, taxation, budgeting, forecasting and regulatory compliance for private and public companies within multiple jurisdictions. The appointment of Mr. Labonte as General Manager of SRG Guinea brings to the team a wealth of experience with regards to constructing and operating mines in West Africa. Mr. Labonte has over 40 years of mining experience including over 15 years at Kiena Mine, Placer Dome and a decade of experience in Africa, most notably five years as General Manager of SEMAFO's Mana mine in Burkina Faso.

There, Mr. Labonte oversaw the construction, start of operations and continuous capacity building of the mine from the originally planned 2,500 tonnes per day plant to an 8,000 tonnes per day mine, as well as oversaw the operations of the mine for several years, including managing over 500 employees.