Mr. Gareth Hatch reports

ALABAMA GRAPHITE ANNOUNCES RECORD DATE FOR PROXY VOTING, REPORTING OF Q1 2018 FINANCIAL RESULTS, APPOINTMENT OF INTERIM CHIEF FINANCIAL OFFICER

The record date for the planned special meeting of Alabama Graphite Corp. securityholders will be Jan. 31, 2018, to vote on the proposed plan of arrangement transaction with Westwater Resources Inc. The special meeting will be held on March 9, 2018.

For more information about Alabama Graphite's proposed transaction with Westwater, please refer to the corporation's Dec. 13, 2017, announcement, entitled "Westwater Resources Inc. to acquire Alabama Graphite Corp." More information regarding the acquisition will be available in a coming management information circular, currently expected to be filed and distributed in early February, 2018.

Reporting of first quarter 2018 financial results

The corporation has reported its financial results for the first quarter of fiscal year 2018, ended Nov. 30, 2017. Alabama Graphite's unaudited, interim, condensed, consolidated financial statements and management's discussion and analysis for the fiscal quarter ended Nov. 30, 2017, are available on the Canadian Securities Administrators' SEDAR website or on the corporation's website.

Appointment of interim chief financial officer

Alabama Graphite is pleased to announce the appointment of John A. Chapman, PEng, CPA, CMA, CMC, MBA, BTech, as interim chief financial officer. Mr. Chapman has been providing consulting CFO services to both public and private companies for more than a decade. He has assisted companies with financing, public listing, interface with external organizations, shareholders and boards, as well as establishing processes, procedures and internal controls, while providing continuing oversight. Prior to providing consulting CFO services, Mr. Chapman held senior finance positions at Bell Canada and Bell Canada Enterprises Inc. companies. Since 2007, Mr. Chapman has served as chief financial officer for ZIM Corp.

Mr. Chapman holds a bachelor of technology (mechanical engineering) degree from Ryerson University and an MBA degree from the University of Ottawa. Mr. Chapman is a professional engineer, certified management consultant and a chartered professional accountant, and is an active member of the Professional Engineers of Ontario, the Canadian Association of Management Consultants and the Chartered Accountants Institute of Ontario.

Alabama Graphite president Tyler Dinwoodie commented: "Mr. Chapman is an experienced, highly qualified financial professional, and we welcome his expertise as we continue to advance Alabama Graphite during the proposed acquisition transaction with Westwater Resources. Alabama Graphite management and the board of directors look forward to working with Mr. Chapman during this critical transition period."

Alabama Graphite also announces the corporation's termination of its contract with former chief financial officer, Doug Bolton, and wishes Mr. Bolton well in his future endeavours.

About Alabama Graphite Corp.

Alabama Graphite is a Canadian-based flake graphite exploration and development company, as well as an aspiring battery material production and technology company. Alabama Graphite operates through its wholly owned subsidiary, Alabama Graphite Company Inc. (a company registered in the state of Alabama).

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