LLG Mason Resources Inc

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Mason Graphite Inc. ("Mason Graphite" or the "Company") (TSX VENTURE:LLG) is
pleased to announce a brokered private placement offering of flow-through units
(the "FT Units") at a price of $0.55 per FT Unit and hard dollar units (the "HD
Units") at a price of $0.50 per HD Unit for aggregate gross proceeds of up to
C$5 million (the "Offering"). Each FT Unit will consist of one flow-through
common share of the Company and one-half of one non flow-through common share
purchase warrant (a "Warrant"). Each HD Unit will consist of one common share of
the Company and one-half of one Warrant. Each whole Warrant will entitle the
holder thereof to acquire one common share of the Company at a price of $0.60
for a period of 24 months following the closing date of the Offering.


Prior to the Closing Date, the Agents will have the option to increase the
proceeds raised under the Offering by up to an additional $750,000 to raise
gross proceeds of up to $5,750,000.


The Offering is being made on a "best efforts" basis by a syndicate of agents
co-led by Delano Capital Corp. and PowerOne Capital Markets Limited and which
includes Macquarie Capital Markets Canada Ltd., Marquest Asset Management Inc.
and Stonecap Securities Inc. (together the "Agents") and is expected to close on
or about June 30, 2013 (the "Closing Date").


The Company has agreed to pay the Agents a cash fee equal to 7% of the gross
proceeds from the Offering. As additional compensation, the Agents will be
issued compensation options (the "Broker Options") equal to 7% of the total
number of securities issued by the Company pursuant to the Offering. Each Broker
Option will consist of one common share of the Company and one-half of one
Warrant (a "Broker Warrant"). Each Broker Option will be exercisable at a price
of $0.55 per Broker Option for a period of 24 months following the closing date
of the Offering. Each whole Broker Warrant shall entitle the holder to acquire
one additional common share of the Company at a price of $0.60 for a period of
24 months following the closing date of the Offering.


The Company will use the gross proceeds from the sale of the FT Units to incur
Canadian exploration expenses (as defined in the Income Tax Act (Canada)) for
the Company's 100%-owned Lac Gueret graphite property in northeastern Quebec,
which expenses will be renounced for the 2013 taxation year. The net proceeds of
the sale of the HD Units will be used for exploration expenses on the Lac Gueret
property and for general corporate purposes.


The Offering is subject to certain conditions including, but not limited to, the
receipt of all necessary approvals, including the approval of the TSX Venture
Exchange and applicable securities regulatory authorities. All securities issued
pursuant to the Offering will be subject to a four month and one day hold
period.


About Mason Graphite

Mason Graphite is a Canadian mining company focused on the exploration and
development of its 100% owned Lac Gueret graphite property, which is located in
northeastern Quebec near the main service center of Baie-Comeau. The Lac Gueret
property currently hosts a National Instrument 43-101 compliant Mineral Resource
(see news release issued on July 16, 2012), which considers the exploration of
only 17% of one well defined zone. Excellent potential exists for mineral
growth. The Company's senior management team possesses significant graphite
expertise from their experience at Timcal/Imerys; including Benoit Gascon, CPA,
CA, who held executive positions for 20 years, including over 6 years as
President and CEO; Jean L'Heureux, Eng., Executive Vice President, Process
Development, with over 20 years of experience; and Luc Veilleux, CPA, CA, CFO
and Executive Vice President, with 8 years of experience. Timcal, now owned by
Imerys, is one of the largest graphite producers in the world.


Cautionary Statements Regarding Forward Looking Information

This press release contains "forward-looking information" within the meaning of
Canadian securities legislation. Forward-looking information includes, without
limitation, statements regarding the Company's exploration prospects and the
anticipated use of proceeds of the Offering. Generally, such forward-looking
information can be identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that certain
actions, events or results "may", "could", "would", "might" or "will be taken",
"occur" or "be achieved". Forward-looking information is subject to known and
unknown risks, uncertainties and other factors that may cause the actual
results, level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such forward-looking
information, including but not limited to: (i) volatile stock price; (ii) the
general global markets and economic conditions; (iii) the possibility of
write-downs and impairments; (iv) the risk associated with exploration,
development and operations of mineral deposits; (v) the risk associated with
establishing title to mineral properties and assets; (vi) the risks associated
with entering into joint ventures; (vii) fluctuations in commodity prices;
(viii) the risks associated with uninsurable risks arising during the course of
exploration, development and production; (ix) competition faced by the resulting
issuer in securing experienced personnel and financing; (x) access to adequate
infrastructure to support mining, processing, development and exploration
activities; (xi) the risks associated with changes in the mining regulatory
regime governing the resulting issuer; (xii) the risks associated with the
various environmental regulations the resulting issuer is subject to; (xiii)
risks related to regulatory and permitting delays; (xiv) risks related to
potential conflicts of interest; (xv) the reliance on key personnel; (xvi)
liquidity risks; (xvii) the risk of potential dilution through the issue of
common shares; (xviii) the risk of litigation; and (xix) risk management. 


Forward-looking information is based on assumptions management believes to be
reasonable at the time such statements are made, including but not limited to,
continued exploration activities, no material adverse change in metal prices,
exploration and development plans proceeding in accordance with plans and such
plans achieving their stated expected outcomes, receipt of required regulatory
approvals, and such other assumptions and factors as set out herein. Although
the Company has attempted to identify important factors that could cause actual
results to differ materially from those contained in the forward-looking
information, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such
forward-looking information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such
forward-looking information. Such forward-looking information has been provided
for the purpose of assisting investors in understanding the Company's business,
operations and exploration plans and may not be appropriate for other purposes.
Accordingly, readers should not place undue reliance on forward-looking
information. Forward-looking information is made as of the date of this press
release, and the Company does not undertake to update such forward-looking
information except in accordance with applicable securities laws.


This press release does not constitute an offer to sell or a solicitation of an
offer to buy securities, nor shall there be any sale of securities, in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities have not been and will not be registered under the United States
Securities Act of 1933, as amended, (the "U.S. Securities Act") or any state
securities laws and may not be offered or sold within the United States or to or
for the account or benefit of a U.S. person (as defined in Regulation S under
the U.S. Securities Act) unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from such registration is
available. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mason Graphite Inc.
Investor Relations
+1 (416) 861-1685
info@masongraphite.com
www.masongraphite.com


Mason Graphite Inc.
Simon Marcotte
Vice-President Corporate Development
+1 (416) 309-2133


Mason Graphite Inc.
Benoit Gascon
President & CEO
+1 (514) 289-3574


Mason Graphite Inc.
Montreal Office
2000 McGill College Avenue, Suite 2210
Montreal, QC H3A 3H3


Mason Graphite Inc.
Toronto Office
65 Queen Street West, Suite 800
Toronto, ON M5H 2M5

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