Mr. Ugo Landry-Tolszczuk reports

SRG RECEIVES ENVIRONMENTAL CONFORMITY CERTIFICATE FOR LOLA GRAPHITE PROJECT

SRG Graphite Inc. has received its environmental conformity certificate from the government of Guinea for its Lola graphite project. This certificate is the only environmental and social permit required to move forward with the construction of the project. With this certificate in hand, the company is now in position to file for its mining licence, another crucial permit required for construction.

"We are very pleased with the speed, thoughtfulness and dedication of the government counterparty in their approval process," said David Vilder, CSR manager for SRG. "Our team, consultants, the local community and all levels of government worked together to produce a high-quality environmental and social impact assessment. The approved environmental action plan produced meets the needs of the local communities and respects the natural environment surrounding the project."

SRG worked with Montreal-based EEM Sustainable Management and Guinean firms Sylvatrop Consulting, a bio-diversity expert, and Guinee Environment Services to produce a study which meets Guinea's standards and the International Finance Corp.'s (IFC) 2012 edition of the environmental and social performance standards.

The company is partnering with Giovannetti Consultant (GC) to develop its resettlement action plan (RAP), which will also follow IFC's 2012 edition of the performance standards, namely PS5 pertaining to land acquisition and resettlement. While only 150 economic relocations and six physical relocations are expected, a well-detailed RAP is required to ensure best practices are followed. Frederic Giovannetti, founder of GC, brings over 38 years of relevant experience and has recently led the preparation of the new IFC resettlement handbook to be published in 2019.

With the environmental conformity certificate in hand, the company now has all the required documents to apply for a mining licence from the Ministry of Mines. The company filed its mining licence application on April 1, 2019.

About SRG Graphite Inc.

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

We seek Safe Harbor.