Mason Resources Inc Stock Price, News & Analysis

Mason Resources (TSXV: LLG) (OTCQB: MGPHF) has appointed Gregory Duras as Chief Financial Officer, effective March 26, 2025. Duras brings over 30 years of experience in senior financial management roles, with expertise in:

• Corporate strategy and strategic planning
• Mergers and acquisitions
• Debt and capital markets operations
• Financial reporting
• Human resources

The appointment follows Carmelo Marelli's resignation. Chairman Fahad Al-Tamimi highlighted that Duras' expertise will be important as Mason focuses on new investments and realizing gains on existing investments. Duras has previously served as CFO for several TSX and TSX-V listed companies and has successfully negotiated various debt and equity financings while building relationships with international financial institutions.

Black Swan Graphene has successfully closed a $6M non-brokered private placement financing at $0.50 per Unit, following an 8:1 share consolidation. Each Unit includes one common share and half a warrant, with each full warrant exercisable at $1.00 for 18 months.

The company plans to use the proceeds to expand its production capacity at the Consett, UK facility from 30-40 tonnes to 140 tonnes annually. Funds will also support expanding sales and operations teams for global commercialization efforts, particularly focusing on their Graphene Enhanced Masterbatch (GEM) in plastics and polymer applications, along with partnerships in the concrete/cement sector.

The financing included participation from international investors and insiders, with three insiders subscribing for 2,230,000 Units ($1,115,000). Post-offering, the company has 49,716,260 shares and 6,000,000 warrants outstanding. Securities are subject to a 4-month hold period expiring June 12, 2025.

Mason Resources Inc. (TSXV: LLG) (OTCQB: MGPHF) held its Annual General and Special Meeting of Shareholders with over 50% shareholder participation. The company successfully elected seven directors to its board: Peter Damouni, Fahad Al-Tamimi, Tayfun Eldem, Nav Dhaliwal, Francois Perron, Roy McDowall, and Adree Delazzer. Shareholders approved the appointment of McGovern Hurley LLP as auditors and reapproved the Company's Stock Option Plan, pending regulatory approvals including TSXV approval.

Mason Resources Inc. (TSXV: LLG) (OTCQX: MGPHF) has announced potential delays in the delivery of its Annual General Meeting materials due to the ongoing postal strike in Canada. The meeting is scheduled for December 19, 2024 at 10:00 a.m. (Toronto time) and will be held virtually.

To ensure shareholders can access meeting materials, the company is offering email delivery upon request and has made documents available on SEDAR+ and the company website. Shareholders must vote by proxy no later than December 17, 2024, at 11:00 a.m. (Toronto time). The company has provided specific instructions for both Non-Objecting Beneficial Owners and Objecting Beneficial Owners to obtain their control numbers for online voting.

Mason Resources has announced a CAD $1 million investment in Sand Minerals, a private company focused on lithium brine projects in Argentina. Sand Minerals was founded by William Randall and the former team of Arena Minerals, which was previously acquired by Lithium Americas Corp. for CAD $311 million. The team was also involved in Lithium-X Energy Corp., which sold for CAD $265 million.

As part of the investment, Mason has secured rights to nominate one director to Sand Minerals' board when maintaining a 10% ownership threshold. The strategic timing of this investment aligns with the current undervaluation of lithium assets in the market.

Mason Resources Inc. highlights a significant Commercial Agreement between Black Swan Graphene Inc and Broadway Colours . The agreement focuses on utilizing Black Swan's graphene nanoplatelets (GNP) in Broadway's Graphene Enhanced Masterbatches (GEMs) for plastic manufacturing. This collaboration aims to bring graphene's benefits to a wider customer base in the plastics industry.

Key aspects of the agreement include:

• Joint marketing initiatives to promote eco-friendly products
• Leveraging both companies' commercial teams to advocate for GEMs in global markets
• Utilizing research and development capabilities and application support

Mason Resources owns 39% of Black Swan Graphene, making this agreement potentially significant for Mason's stakeholders as well.

Mason Resources highlights a new commercial partnership between Black Swan Graphene and Graphene Composites for ballistic protection technology. Black Swan, in which Mason owns a 39% stake, will supply graphene for GC Shield, a patented ballistic protection product. GC Shields offer lightweight, resilient protection against multiple ballistic threats and are used in law enforcement and defense. The graphene-enhanced masterbatch products have garnered significant interest, and high-profile customer initiatives are underway. Black Swan ensures quality, cost, and production reliability through its ISO-certified processes and competitive pricing.

Mason Resources announced a $1,000,000 investment in NorthX Nickel Corp. (formerly Archer Exploration Corp.) under a $2,275,000 private placement. Mason acquired 4,166,667 units at $0.24 per unit, each consisting of one common share and one share purchase warrant exercisable at $0.36 until May 14, 2027. This investment gives Mason a 14.6% stake in NorthX, potentially increasing to 25.5% if all warrants are exercised. Mason committed to not exceeding 19.9% of NorthX’s shares through warrant exercises. The investment aligns with Mason’s focus on Quebec's battery materials sector, leveraging the Grasset Project's high-grade nickel resource.

Mason Resources Inc. congratulates Black Swan Graphene on the successful launch of their Graphene-Enhanced Commercial Masterbatches called GraphCore, which offer price-performance improvements without supply chain disruption. The products are available through globally represented distributors and are currently undergoing external industrial trials in various polymers.