Directorate Change
Fortune Graphite Inc. - Director Appointments
Fortune Graphite Inc. - FORT
"Fortune" or "the Company"
New Director Appointments for Fortune
18th December, 2014
FOR IMMEDIATE RELEASE
TORONTO, ONTARIO - (December 18, 2014) The Board of Directors of Fortune
Graphite Inc. (GXG Markets: FORT) (the "Company") is pleased to announce the
appointments of Peter Sederowsky, Edward Rochette and Bhagyesh Dash as
Directors with effect from December 10th, 2014.
Mr. Peter U. Sederowsky is active in private equity and venture capital, and
has directorship experience in companies on the London Stock Exchange, the
Nasdaq/OMX Stockholm Stock Exchange, AIM (London), the NGM (Stockholm) and the
Toronto Venture Exchange (TSX-V). He is a director and chairman of the board of
GeoReach Ltd. In addition, he serves as an advisor to Mechel OAO - a Russian
company listed on the NYSE with businesses in mining, steel, ferroalloy and
power - as well as to the well-known apparel manufacturer, Champion. He held
the position of Chairman of the mining company, East Asia Minerals Corporation,
and was a Director of East Asia Minerals Corporation since September 6, 2011
(and was its Lead Independent Director since October 24, 2012). Mr. Sederowsky
holds a master's degree from the University of California at Berkeley.
Mr. Edward C. Rochette is an internationally recognized negotiator and
transaction specialist with over 35 years of experience in international
business, land management and natural resources. He is currently managing a
start-up agricultural fund, with the purpose to fund natural resource related
business developments in Indonesia, Vietnam, Malaysia and the Philippines. The
initial businesses of the fund include a coconut wood flooring business,
coconut oil processing, bio-diesel, aquaculture development, natural
insecticides and confectionary foods, and a consulting and business development
unit.
Additionally, Mr. Rochette has experience setting up initial corporate and
legal structures for new ventures, as well as assisting in the preparation of
taking companies public on international stock exchanges. He also has
experience with negotiating joint venture agreements, the acquisition of
property rights, obtaining operating licenses, and setting up the structure to
manage the licenses, leases and joint venture agreements, as well as legal due
diligence. Currently, he is the CEO and a Director on the Board of Directors of
East Asia Minerals Corporation, a company listed on the TSX, and is also a
board member of several private companies working in Asia. Mr. Rochette is also
a frequent speaker at conferences in Asia on topics including mining,
agriculture development, investing in emerging markets and alternative energy
sources from biofuels.
Mr. Bhagyesh Dash is a co-founding director at Bromius Capital, a
Singapore-based natural-resource-focused advisory and investment firm. Mr. Dash
has over two decades of investment banking and corporate advisory experience in
the mining and broader natural resources sector across Asia. During 12 years
living in Jakarta, he advised the Government of Indonesia on the privatization
of state-owned mining companies, as well as on the divestment by international
companies of stakes in leading Indonesian coal companies Kaltim Prima Coal,
Adaro and Arutmin Coal. Mr. Dash has extensive relationships with mining
companies and resource investors globally, and has been featured numerous times
in the media as a leading commentator on the Asian mining sector.
The Directors of the Company accept responsibility for this announcement.
For further Enquiries:
Fortune Graphite Inc.
Dr. Klaus Wagner-Bartak, President
416 367-8240 866 209-0451
info@fortunegraphite.com
About Fortune Graphite Inc.
Fortune Graphite Inc. is a Canadian company located in British Columbia that
identifies valuable mining properties bearing graphite carbon, gold, silver &
other precious metals. The company has acquired a group of mineral claims in
the Slocan Mining Division; a known graphite mineral-bearing region of British
Columbia, Canada. The property is in an advanced stage of exploration. For
additional information on the company and its properties, please visit
www.fortunegraphite.com.
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
Certain statements above constitute forward-looking statements with respect to
Fortune Graphite Inc. and affiliated companies. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors that may cause
the actual results, performance or achievements of the companies to be
materially different from any further results, performance or achievements
expressed or implied by such forward-looking statements.