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Elcora Advanced Materials Corp V.ERA

Alternate Symbol(s):  ECORF

Elcora Advanced Materials Corp. is a Canada-based vertically integrated battery material company. The Company mines, processes, refines and produce battery related minerals and metals. It is engaged in developing polymetallic mining deposits, such as Vanadium, Manganese, Copper, Tantalum, Nobium and some other rare earth minerals. The Company operates in one business segment, being the exploration and development of mineral properties. The Company’s graphite processing plant is located near the Ragedara mine in Sri Lanka. This facility performs four refining activities, such as grinding, flotation, dewatering, and product load-out. It has constructed its own graphene production facility in the Canadian city of Halifax, Nova Scotia to supply graphene.


TSXV:ERA - Post by User

Post by DoctorFouadon Sep 20, 2016 10:15am
212 Views
Post# 25255507

Elcora Appoints New General Manager at Sakura - Ragedara Min

Elcora Appoints New General Manager at Sakura - Ragedara Min

HALIFAX, NOVA SCOTIA / ACCESSWIRE / September 20, 2016 / Troy Grant, President and CEO of ELCORA ADVANCED MATERIALS CORP. (ERA.V) (ECORF) (ELM.F), (the "Company" or "Elcora"), is pleased to announce the appointment of Klaus Leiders as the General Manager for the Sakura Joint Venture's Ragedara mine. Mr. Leiders join at an opportune time as the Company recently discovered additional graphite veins at the Ragedara Mine.

Mr. Leiders, a German national, is a mining engineer and brings extensive experience to the Sakura Joint Venture. He will oversee all facets of the operation, including the processing plant and the mine. Another key role will be to interface with customers like ThyssenKrupp and Senior Management of both Joint Venture Partners. Mr. Leiders' expertise in narrow vein mining and mine management will add to the strength and capability of the mining team in Sri-Lanka. He will reside at the Ragedara Mine Site in Sri Lanka.

The appointment of Mr. Leiders will improve the development of the mine and integration of the mill in order to expand the production capabilities and performance of both the mine and the mill. In addition, he will ensure the effective management and liaison between major customer, ThyssenKrupp, and other clients" said Troy Grant, Elcora's President and CEO. Mr. Grant further comments "The successful exploration of additional veins in the last month positively influences the development of the mine towards expanding production within the next quarters".

Ian Flint, Ph.D., P.Eng., is the Qualified Person as defined under NI 43-101 who has reviewed and is responsible for the technical information presented in this news release.

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