Alabama Graphite appoints Bolton as CFO

Oct 22, 2015

ALABAMA GRAPHITE CORP. ANNOUNCES APPOINTMENT OF CHIEF FINANCIAL OFFICER AND PUBLICATION DATE FOR PRELIMINARY ECONOMIC ASSESSMENT

Alabama Graphite Corp. has appointed Douglas C. Bolton, CPA, CA, as chief financial officer, effective immediately. Additionally, AGC intends to file the National Instrument 43-101 preliminary economic assessment technical report for the company’s flagship 100-per-cent-owned Coosa graphite project, located in Coosa county, east-central Alabama, United States, on SEDAR on Nov. 27, 2015.

Mr. Bolton has more than three decades of public accounting experience, providing audit, accounting, tax, and consulting services to a wide variety of clientele. Throughout his career in public practice, Mr. Bolton has provided audit services to a number of reporting issuers involved in the mining and resource industry, listed on the TSX Venture Exchange. In addition to his role as chief financial officer for AGC, Mr. Bolton also serves as director and chief financial officer for Laurion Mineral Exploration Inc., and as interim chief financial officer for Adex Mining Inc. A graduate of York University, Mr. Bolton holds both CPA and CA designations from the Chartered Professional Accountants of Ontario and the Institute of Chartered Accountants of Ontario respectively.

Mr. Bolton succeeds John Morita, CGA, who is retiring, effective immediately. Mr. Morita has agreed to serve in an advisory capacity to help ensure a smooth transition. President and co-chief executive officer, Ron S. Roda stated: “On behalf of the board of directors, we are very pleased to have Douglas Bolton join AGC and look forward to working with him as the company advances. We also wish to thank John Morita for his years of service, dedication and important contributions to the company. We wish him well in his retirement.”

Qualified person

Donald K. D. Baxter, PEng, co-chief executive officer and executive director, is a qualified person as defined by NI 43-101 guidelines, and has reviewed and approved the content of this press release.

http://alabamagraphite.com/news/