Mr. Peter Damouni reports

MASON RESOURCES CONGRATULATES NOUVEAU MONDE GRAPHITE FOR GROUNDBREAKING ANNOUNCEMENTS SECURING OFFTAKES WITH PANASONIC ENERGY AND GM ALONG WITH STRATEGIC FINANCINGS

Mason Resources Inc. is congratulating Nouveau Monde Graphite Inc. (NMG) on its truly groundbreaking milestones, securing unprecedented binding offtake agreements with both Panasonic Energy and GM, as well as securing strategic financings. Mason is a 9.25-per-cent strategic shareholder of NMG (see press release dated Jan. 22, 2024).

The three press releases issued earlier today can be found on NMG's website.

About Mason Resources Inc.

Mason Resources is a Canadian corporation focused on seeking investment opportunities. Mason currently owns 9.25 per cent of NMG and is the largest shareholder (39 per cent) of Black Swan Graphene Inc., focusing on the large-scale production of patented high-performance and low-cost graphene products aimed at several industrial sectors, including concrete and polymers, which are expected to require large volumes of graphene and, in turn, large volumes of graphite. Black Swan aims at leveraging Quebec's emerging graphite industry to establish an integrated supply chain. In 2023, Black Swan, Nationwide Engineering Research & Development Ltd., and Arup Group Ltd. announced strategic partnerships and, in 2024, Black Swan announced a commercial agreement with Hubron International Ltd. Black Swan's graphene processing technology was developed over the span of a decade by Thomas Swan & Co. Ltd., a United Kingdom-based global chemicals manufacturer, with a century-long record.