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SRG Mining Signs Additional Offtake Agreement Bringing Total Sales to 85% of Production

Montreal, Quebec,, May 25, 2020 (GLOBE NEWSWIRE) -- Montreal, Quebec, May 25th, 2020 a?? SRG Mining Inc. (TSXV: SRG) (a??SRGa?? or the a??Companya??) today provides an update on recent activities related to its Lola graphite project (the a??Projecta??).The Company has recently signed its 5th offtake agreement for 10,000 tonnes per year for a three-year period. This brings the total signed off-take agreements to 128,000t over three years. These agreements represent approximately 85% of the Companya??s anticipated production over that period. Our clients operate in various markets including refractories, expandable graphite and battery anode material. We remain actively engaged with several potential clients to continue to sign off-take agreements for our graphite production.The Company continues to believe in signing sales agreements for the anticipated production and having many potential clients test and qualify our material. These efforts will remain ongoing throughout the life of the Project. About SRG Mining SRG Mining is a Canadian-based mining 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.
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