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USA Graphite Completes Annual and Quarterly Reports -- Sets Stage for Nevada Graphite Exploration Projects

Aug 13 2013 12:00AM

Marketwire

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LAS VEGAS, NV -- (Marketwired) -- 08/13/13 -- USA Graphite Inc. (OTCQB: USGT) ("USA Graphite"), a publicly traded U.S. exploration company focused on the acquisition, exploration, and development of graphite properties in North America, is pleased to announce that the Company has recently filed its audited Annual Report on Form 10-K for the year ended February 28, 2013 and its Quarterly Report on Form 10-Q for the quarterly period ended May 31, 2013. As a result, USA Graphite is now current with all of its required regulatory filings and obligations.

"Now that we have successfully completed the required annual audit process and filed our most current financial statements with regulators, we can move forward with the planned exploration and development of our portfolio of very promising Nevada graphite properties," stated Mr. Wayne Yamamoto, President and CEO of USA Graphite. "Increasing global market demand for large flake graphite has grown into one of the most exciting opportunities in mining today, and new developments in technology should continue to accelerate demand for this product for many years to come. USA Graphite remains focused on the development of strategic "Made in the USA" domestic graphite production that will be a key factor to building and maintaining these new technologies and related employment within the USA."

The Company anticipates releasing further details regarding the next stages of exploration and development on its Nevada graphite projects within the next two weeks.

About USA Graphite:

USA Graphite is a publicly traded U.S. exploration company focused on the acquisition, exploration, and development of graphite properties in North America. USA Graphite intends to establish itself as a strategic domestic graphite supplier in the United States. The Company is currently advancing graphite projects in Nevada, offering what the Company believes to be considerable potential for the discovery of economic reserves of large flake, high-grade graphite; Blue Wing Mountains (1,985 acres - Pershing County), Gordon Creek (200 acres - Elko County), and Ruby Mountains (785 acres - Elko County). For additional information, please visit http://www.usa-graphite.com.

For further investor information please contact:

USA Graphite Investor Relations
E-mail: investors@usa-graphite.com
USA Graphite Website: www.usa-graphite.com
Toll-free: (877) 565-8881

"Safe Harbor" Statement:

Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Notice Regarding Forward Looking Statements: This press release includes forward-looking statements that involve a number of risks and uncertainties, including the success of the programs it is commercializing and developing. Further, the risks involve the ability of the Company to raise capital to fund its operations and the capital requirements for the development and marketing of its products. Investors are encouraged to review the risk factors listed or described from time to time in the Company's filings (10K, 10Qs, S-1, and others) with the Securities and Exchange Commission.



USA Graphite Investor Relations
E-mail: investors@usa-graphite.com
USA Graphite Website: www.usa-graphite.com
Toll-free: (877) 565-8881





Source: Marketwire


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