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Bolero Gains Graphite Distribution Rights in North America and Mexico

Written by Charlotte McLeod
|
Jun. 12, 2012 07:00AM PST

Bolero Resources Corp. (TSXV:BRU) announced that as a result of entering a ten-year agreement with GEC (ASIA) Industry Co., Ltd., it now has exclusive distribution rights in Canada, the US, and Mexico for 6,000 tonnes per year of the highest-quality graphite.

Bolero Resources Corp. (TSXV:BRU) announced that as a result of entering a ten-year agreement with GEC (ASIA) Industry Co., Ltd., it now has exclusive distribution rights in Canada, the US, and Mexico for 6,000 tonnes per year of the highest-quality graphite.

As quoted in the market news:

The majority of the graphite is +35 to +50 mesh, this represents the higher end of the price scale as this material sells at a premium.

Paul Ogilvie, Bolero’s CEO, commented:

Having 6,000 tonnes annually of high quality graphite gives us a significant competitive advantage, allowing us to immediately proceed with our marketing strategy and start selling into North American markets to generate revenues in the very near term

Click here to read the full Bolero Resources Corp. (TSXV:BRU) press release.

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