MONTREAL, QUEBEC–(Marketwired – Feb. 16, 2016) – Mason Graphite Inc. (“Mason Graphite” or the “Company”) (TSX VENTURE:LLG) (OTCQX:MGPHF) announces that, further to the recent appointment of Mr. Guy Chamard as an independent director of the Company and nominee of Ressources Québec, the Company has accepted the resignation of Mr. Tayfun Eldem as Director and Chairman of the Board of Directors, effective immediately. Mr. Eldem was recently appointed Managing Director of Iron Ore for Hatch Ltd., where he is now responsible for global business development overseeing operations in six regions of the world and working with key clients including BHP Billiton, Vale, Rio Tinto, ArcelorMittal and Anglo American. These new high profile responsibilities will require his undivided attention.

The management team of Mason Graphite and the Board of Directors would like to thank Mr. Eldem for his contributions to the Company and wish him the best in his future endeavour.

Mr. Tyrone Docherty, the current Vice-Chairman of the board of directors of Mason Graphite, has been appointed Chairman of the Board, a position he held until the appointment of Mr. Eldem in February 2013. Mr. Docherty has over 25 years of experience in the resource industry and was previously CEO of Quinto Mining Corporation. Mr. Docherty is a business executive and an active board member of a number of public and private companies.

About Mason Graphite and the Lac Guéret Project

Mason Graphite is a Canadian mining and processing company focused on the development of its 100% owned Lac Guéret natural graphite deposit located in northeastern Québec. The Company is led by a highly experienced team that has over five decades of experience in graphite production, sales, and research and development. For more information, visit www.masongraphite.com.

Mason Graphite Inc. On Behalf of the Board

“Benoît Gascon, CPA, CA”, President & Chief Executive Officer

Head Office: 3030, boulevard Le Carrefour, bureau 600, Laval, Québec, H7T 2P5

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.