Banca I.F.I.S Spa BNCIF

Two potential off take candidates + discussions with others

[bossman]

In recognition of the vital importance of off-take agreements in the industrial minerals industry, the Company has initiated the process of securing such agreements. A quantity of final bagged graphite product from the previous operation remains on the El Tejon site and, at their request, is being submitted to two potential off take candidates for evaluation and quality assurance purposes. Discussions also continue with several other potential users. It is important to note that the world graphite market has expanded in recent years and the demand for flake graphite continues to grow, driven in part by new, green technologies, including lithium ion batteries that are being used in hybrid and fully electric vehicles that are gaining both in efficiencies and in marketplace acceptance.The Company's Board of Directors and Management will vigorouslyRead more at https://www.stockhouse.com/news/press-releases/2015/04/09/big-north-provides-corporate-update#fSUqiSMhHr0srI35.99