Fundamental Research Initiates Coverage on Great Lakes Graphite (SHG-V) - March 10, '14
Shield Gold operating as Great Lakes Graphite is pleased to announce the receipt of an Initiating Report issued by Fundamental Research Corp. The Research Report, dated March 7, 2014 can be found on the Company’s website: www.greatlakesgraphite.com and is also available by contacting the analyst at Fundamental Research who’s information appears at the bottom of this news release.
Since 2003, Fundamental Research Corp. has been providing the highest institutional quality equity research coverage on small cap companies through their extensive distribution network. In 2009, they also started issuing reports on exempt market securities. In 2010, Fundamental Research’s Top Picks earned them the 33rd highest ranked analyst firm with a return of 20.75% overall and first position in the Basic Materials Sector with a return of 29.07% based on third-party ranking systems that track analysts globally. Fundamental Research provides high-quality research and adheres to high ethical standards and a strong foundation of integrity.
Fundamental Research Corp. is hosting an analyst call to discuss this report, followed by an investor Q&A session on March 17th at 10 am PST (1 pm EST). Below are the conference details:
10 minutes before the call, please click : https://www4.gotomeeting.com/join/598117231
Then join the call by dialing:
Canada +1 (514) 907-7491 - USA +1 (213) 289-0155
Canada +1 (888) 350-3035 - USA +1 (877) 273-4202
Conference Room Number: 5829680
ABOUT GREAT LAKES GRAPHITE
Great Lakes Graphite is an industrial minerals company with the mandate to bring graphite projects to production through the acquisition and development of high quality graphite flake properties. Graphite has moved to the forefront of the Industrial Mineral World as a Critical Mineral required for industrial use and as a major component in the development of new technologies. With the advancement of battery storage, mobile battery systems and alternative energy infrastructure, it is estimated that 20 new graphite flake mines will be required to keep up with demand by the year 2020.
As there are currently no graphite mines producing in North America, Great Lakes Graphite has the ability to become one of the first producers to supply a growing regional customer base, including Tesla’s Giga Plant that requires high quality, purified flake graphite, where pricing and demand continue to rise.
The Company, through strategic acquisitions and capable management intends to become a leader in the industrial minerals marketplace. The Company’s graphite properties are located in the Buckingham and Lochaber Townships of southwestern Québec. The Company has also entered into option and joint venture agreements with Eloro Resources Inc. on the Summit-Gaber property located in the La Grande Greenstone Belt in the James Bay region of Québec. Further information regarding Great Lakes can be found on the Company’s website at: www.GreatLakesGraphite.com.
Great Lakes Graphite trades with symbol SHG on the TSX Venture Exchange and currently has 42,504,819 shares outstanding (61,638,982 fully diluted).
For more information, or to receive a copy of the Fundamental Research Report initiating coverage on Great Lakes Graphite, please contact:
Paul A. Gorman, CEO
Great Lakes Graphite
Tel.: 416-768-6101
Email: pgorman@GreatLakesGraphite.com
Sid Rajeev, MBA, CFA
Analyst, Fundamental Research
Tel: 604-682-7065
E-mail: srajeev@researchfrc.com |
