– CANADA, Montreal – Mason Graphite Inc. (TSX: LLG | OTC: MGPHF) today announced the appointment of Fahad Al-Tamimi as Chairman of its Board of Directors, the appointments of Peter Damouni and Simon Marcotte as executive directors.
Mr. Fahad Al-Tamimi, a director of the Company since June 2020, has been appointed Chairman of the Board. Mr. Al-Tamimi is a seasoned businessman who was the founding investor in Mason Graphite in 2012, and who recently led a successful effort to bring meaningful changes to the Board. Mr. Al-Tamimi beneficially owns approximately 9.92% of the issued and outstanding common shares of the Company.
Mr. Al-Tamimi commented: “It is with great pleasure that we can finally move forward, and I would like to once again thank the shareholders of the Company for their trust and overwhelming support in our effort to put the Company on the right track with a Board having interest aligned with the interest of all shareholders. We will now proceed with our vision as expressed during the recent process.”
Furthermore, Messrs. Peter Damouni and Simon Marcotte have been appointed as executive directors of the Company to facilitate the transition until executive appointments are recommended by the CEO Search Committee and approved by the Board.
About Mason Graphite
Mason Graphite is a Canadian corporation dedicated to the production and transformation of natural graphite. Its strategy includes the development of value-added products, notably for green technologies like transport electrification. The Company also owns 100% of the rights to the Lac Guéret graphite deposit, one of the richest in the world. The Company is managed by an experienced team cumulating many decades of experience in graphite, covering production, sales, as well as research and development.
For more information: https://www.masongraphite.com/
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