LLG Mason Resources Inc

Mason Graphite Inc. ("Mason Graphite" or the "Company") (TSX
VENTURE:LLG)(OTCQX:MGPHF) has completed the second tranche of its investment in
Group NanoXplore Inc. ("NanoXplore") by investing $350,000 for an additional 20%
interest in NanoXplore.


As announced on January 13, 2014, Mason Graphite and NanoXplore entered into an
agreement whereby Mason Graphite has acquired 40% of the issued and outstanding
shares of NanoXplore for $700,000 in two tranches. The closing of the first
tranche, an investment of $350,000 for a 20% interest, was announced on February
18, 2014. 


NanoXplore is a privately held research and development company focused on
developing low cost, large-scale production of graphene from natural flake
graphite, and integrating it into several industries, including energy and
textiles. Graphene can be produced using a variety of processes, including
Chemical Vapor Deposition (CVD) and liquid exfoliation, however many of these
processes are not scalable and are associated with higher processing costs.
NanoXplore's proprietary technique is a low cost, low energy, safe and scalable
electrochemical conversion method which turns natural flake graphite into
graphene. For more information about NanoXplore, visit www.nanoxplore.ca. 


As part of the agreement, Mason Graphite was appointed NanoXplore's sales,
marketing and distribution agent. Furthermore, Benoit Gascon, President and CEO
of Mason Graphite, was appointed as the Chairman of the Board of Directors of
NanoXplore, and Luc Veilleux, Mason Graphite's Executive Vice-President and
Chief Financial Officer, was appointed as a Director and Chief Financial Officer
of NanoXplore. 


About Mason Graphite 

Mason Graphite is a Canadian mining company focused on the exploration and
development of its 100% owned Lac Gueret graphite property, located in
northeastern Quebec. The property hosts a National Instrument 43-101 compliant
Mineral Resource featuring 50,024,000 tonnes grading 15.6% Cg, including
6,672,000 tonnes at 32.4% Cg, in the Measured and Indicated categories and
11,861,000 tonnes grading 17.1% Cg, including 2,637,000 tonnes at 30.5% Cg, in
the Inferred category. Excellent potential exists for further mineral resource
growth. A Preliminary Economic Assessment study was completed on an earlier
7,600,000 tonne mineral resource estimate from July 2012 which features 22 years
of production at 27.4% Cg and a pre-tax internal rate of return of 33.7% (see
technical report entitled "NI 43-101 Technical Report on the Mineral Resources
Estimation Update 2013 Lac Gueret Graphite Project, Quebec-Canada", dated
January 17, 2014). 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, Chief Financial Officer and Executive Vice-President, with 8 years of
experience. Timcal, now owned by Imerys, is one of the largest graphite
producers in the world. 


Qualified Person

Jean L'Heureux, Eng., Mason Graphite's Executive Vice-President of Process
Development and a Qualified Person as defined by National Instrument 43-101, has
reviewed and approved the scientific and technical content of this press
release.


On behalf of Mason Graphite Inc.:

Benoit Gascon, President & CEO

Cautionary Statements 

This press release contains "forward-looking information" within the meaning of
Canadian securities legislation. All information contained herein that is not
clearly historical in nature may constitute forward-looking information.
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 Company does not anticipate declaring
dividends in the near term; (xix) the risk of litigation; and (xx) 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. 


Mineral resources that are not mineral reserves do not have demonstrated
economic viability. The estimate of mineral resources may be materially affected
by environmental, permitting, legal, title, taxation, sociopolitical, marketing,
or other relevant issues. 


The quantity and grade of reported inferred mineral resources in this news
release are uncertain in nature and there has been insufficient exploration to
define these inferred mineral resources as indicated or measured mineral
resources and it is uncertain if further exploration will result in upgrading
them to indicated or measured mineral resources. 


The PEA is preliminary in nature and includes Inferred Mineral Resources, which
are considered too geologically speculative to have mining and economic
considerations applied to them that would enable them to be categorized as
mineral reserves. Mineral resources that are not mineral reserves do not have
demonstrated economic viability. There is no certainty that the reserves
development, production, and economic forecasts on which the PEA is based will
be realized. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mason Graphite
Simon Marcotte, VP Corporate Development
+1 (416) 861-5822
info@masongraphite.com
www.masongraphite.com
Twitter: @MasonGraphite  / Facebook: /MasonGraphite


Head Office (Greater Montreal)
3030 Le Carrefour blvd. Suite 600
Laval QC H7T 2P5


Toronto Office
65 Queen Street West, Suite 800
Toronto, ON M5H 2M5

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