Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (23964)	11/28/2016 8:42:37 AM
From: Andrew~	Read Replies (3) \| Respond to of 202843

GLK-V Great Lakes Graphite Surpasses First Year Sales Goal In Six Months With Latest Orders TORONTO, ONTARIO--(Marketwired - Nov. 28, 2016) - Great Lakes Graphite Inc. ("GLK" or the "Company") (TSX VENTURE:GLK)(OTC PINK:GLKIF)(FRANKFURT:8GL) today announces that the Company has received three (3) new purchase orders for a combined sixty (60) tons of micronized graphite. These orders increase the total quantity of graphite ordered to date by this customer, a US-based industrial company, to four hundred (400) tons. These latest purchase orders are scheduled to be fulfilled by the end of the year. Paul Gorman, Chief Executive Officer of Great Lakes Graphite said, "We set an internal sales goal of 350 tons for the twelve month period beginning with the first shipment. We have now easily surpassed that goal with these latest orders have done so within a six month window. Our business plan anticipates sales of 3,500 tons for 2017 and we are continue to believe that is an achievable goal, based on discussions with current and potential customers." About Great Lakes Graphite: Great Lakes Graphite Inc. is an industrial minerals company focused on bringing value-added carbon products to a well-defined market. The Company is party to 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 123,444,330 shares outstanding.