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To: Goose94 who wrote (18216)	6/1/2016 8:53:37 AM
From: Andrew~	Read Replies (1) \| Respond to of 203353

GLK-V Great Lakes Graphite Amends Private Placement TORONTO, ONTARIO--(Marketwired - June 1, 2016) - Great Lakes Graphite Inc. ("GLK" or the "Company") (TSX VENTURE:GLK)(OTC PINK:GLKIF)(FRANKFURT:8GL) wishes to announce that it has amended the terms of its non-brokered private placement, previously announced on April 4, 2016 (the "Offering"). In response to market conditions and investment demand, the offering has been amended to a price of $0.07 per unit and a flow-through component was added at a price of $0.075 per share, with no accompanying warrant. Each Unit in the Offering consists of one common share of the Company and one common share-purchase warrant (the "Warrants"); each Warrant entitles the holder to purchase one additional common share of the Company at a price of $CDN 0.10 for a period of twenty-four (24) months after the closing of the Offering, which is contingent upon approval by the TSX Venture Exchange. Net Proceeds from the Offering will be used to recommission the Company's leased graphite micronization facility in Matheson, Ontario and for flowsheet development work related to the Lochaber Graphite Project, located in southwestern Quebec. About Great Lakes Graphite: Great Lakes Graphite Inc. is an industrial minerals company focussed on bringing value-added carbon products to a well-defined market. The Company has entered into an agreement for shared use of a portion of an industrial facility located in Matheson, Ontario owned by Northfil Resources Limited, as well as for supply of high quality natural graphite concentrate (see news release dated 03/23/15), which have positioned Great Lakes Graphite to become an emerging domestic manufacturer and supplier of micronized products to a growing regional customer base where pricing and demand continue to rise. Further information regarding Great Lakes can be found on the Company's website at www.GreatLakesGraphite.com. Great Lakes Graphite trades with symbol GLK on the TSX Venture Exchange and currently has 101,227,645 shares outstanding.