SRG's Graphite Demonstrates Excellent Electrochemical Characteristics

MONTREAL, Nov. 29, 2017 (GLOBE NEWSWIRE) -- SRG Graphite Inc. (TSX-V:SRG) (“SRG” or the “Company”) today announced the results of electrochemical characterization of its spherical purified graphite (“SPG”) material produced from the Company’s Lola graphite deposit in the Republic of Guinea. The characterization tests were performed by Dorfner ANZAPLAN (“ANZAPLAN”) at their facility in Hirschau, Germany.

ANZAPLAN tested and reported on three main electrochemical characteristics of SRG’s SPG, important for the lithium-ion battery market: cyclic voltammetry which measures kinetics and hysteresis of the charge/discharge cycle, specific capacity and cycling performance.

ANZAPLAN Report: SRG’s Spherical Graphite Electrochemical Characterization Highlights

• Cyclovoltammetric measurements indicate that the kinetics of SRG’s purified spherical graphite makes it suitable as active material in lithium ion batteries
• Achieves remarkable reversible capacities of >365 mAh/g, which is very close to the theoretical maximum of 372 mAh/g
• Demonstrates above average cyclability, achieving a value of 356 mAh/g after 100 cycles at a cycle rate of 0.5C. This represents ~99% of initial capacity and 96% of theoretical capacity, which is better than the average value for typical uncoated spherical graphite products.

Laboratory work and analysis on the Lola graphite concentrate and SPG characteristics are aimed at identifying the best uses of the Company’s graphite and its suitability for use in lithium-ion battery and technology grade graphite applications. These results continue to compare favourably with graphite that is currently available in the marketplace.

About Dorfner ANZAPLAN
Dorfner ANZAPLAN is a leading European specialty minerals producer with more than a hundred years of experience in industrial mineral processing, delivering high quality mineral products to different industries. ANZAPLAN was founded in 1985 to become the most independent venture within the Dorfner group of companies, while concentrating the group’s analytical and engineering know-how to serve external customers. (www.anzaplan.com)

ABOUT SRG
SRG is a Canadian-based company focused on developing the Lola graphite deposit, located in the Republic of Guinea, West Africa. SRG is committed to operating in a socially, environmentally and ethically responsible manner.

The technical information in this release has been reviewed and approved by Raphaël Beaudoin, P.Eng., Director of Operation of SRG and a “qualified person” as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.

For additional information, please visit SRG’s website at www.srggraphite.com.

For more information contact:
SRG Graphite Inc.
Dr. Marc-Antoine Audet, President & CEO
Tel.: (514) 726-4158
Email: ceo@srggraphite.com

Jean-Paul Blais
NXT Communications
Tel.: +1 (514) 867-7447
Email: jp@thenxtgroup.com

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Certain of the statements made and information contained herein are "forward-looking statements" or “forward-looking information” within the meaning of Canadian securities legislation.   Forward-looking statements and forward-looking information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or forward-looking information, including, without limitation, the availability of financing for activities, risks and uncertainties relating to the interpretation of electrochemical characterization, drill results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, metal price fluctuations, environmental and regulatory requirements, availability of permits, escalating costs of remediation and mitigation, risk of title loss, the effects of accidents, equipment breakdowns, labour disputes or other unanticipated difficulties with or interruptions in exploration or development, the potential for delays in exploration or development activities, the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, expectations and beliefs of management and other risks and uncertainties.

In addition, forward-looking statements and forward-looking information are based on various assumptions.  Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information or forward-looking statements.  Accordingly, readers are advised not to place undue reliance on forward-looking statements or forward-looking information.  Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise.