TORONTO, ONTARIO — (Marketwire) — 11/12/12 — MEGA Graphite Inc. (MEGA), a global graphite company which owns Canadian based natural crystalline flake properties, announced today it has agreed to terminate the Uley Graphite Property acquisition with Strategic Energy Resources (SER) of Australia. The definitive agreement, which was signed in July, 2011, contemplated an IPO on the Toronto Stock Exchange, a CDN $70 million minimum valuation for the Uley Graphite Property (Uley), issuing 33% or
OAKVILLE, ONTARIO — (Marketwire) — 07/25/12 — Mega Graphite Inc., (Mega) announced today it has received a National Instrument 43-101 report from Coffey Mining in Perth, Australia on the Uley Graphite Project, one of the largest graphite flake deposits in the world, located 23 kilometres south of Port Lincoln on the Eyre Peninsula in South Australia.The Uley graphite deposit, currently owned by (i)Tarcoola Gold, is part of the Mikkira Graphite Province, known as one of the largest coarse fl
OAKVILLE, ONTARIO — (Marketwire) — 04/25/12 — MEGA Graphite Inc. (MEGA), is pleased to announce that agreement has been reached with Strategic Energy Resources (SER) on the revised terms and adjusted timetable for acquisition of the Uley Graphite Mine by way of the previously announced Merger Implementation Deed (MID). The Uley Graphite Mine is currently owned by Tarcoola Gold, a demerged subsidiary of the ASX listed company, Strategic Energy Resources Ltd (SER).Since March 31, 2012 MEGA an
OAKVILLE, ONTARIO — (Marketwire) — 04/05/12 — MEGA Graphite Inc. (MEGA), announced today that Paul Ogilvie, Chief Executive Officer ("CEO") of Mega Graphite Inc. has resigned his position as CEO and Director. Mr. Ogilvie feels that he has taken the company as far as he can and it is now time for the new management group to step in. "Over the last three years, I-m proud of the work we have accomplished, from developing world class technologies to building the very best team in
