Elcora Resources Announces Shareholder Approval to the Change Of Name to Graphene Corporation and Updates its Direction to Becoming a Vertically Integrated Carbon Company focused on High End Expandable Graphite and Graphene.

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[{"type":"text","content":"Elcora Resources Announces Shareholder Approval to the Change Of Name to Graphene Corporation and Updates its Direction to Becoming a Vertically Integrated Carbon Company focused on High End Expandable Graphite and Graphene.(via Thenewswire.ca)\n \n \nHALIFAX, NOVA SCOTIA / TNW-ACCESSWIRE / October 14, 2014 / Troy Grant, President and CEO of ELCORA RESOURCES CORP. (TSXV:ERA), (the \"Company\" or \"Elcora\"), is pleased to announce that the shareholders of the Company have approved a change of name from Elcora Resources Corporation to Graphene Corporation. In addition, the Company announces future milestones for graphene development.\n\n\n \nVertically Integrated Production\n\n\n \nDr. Ian Flint, Elcora's VP - Processing and Refining, states that \"the Company is following a strategy of vertical integration so that it will control each step of graphite production from mine to final production which will enable the Company to mine and thereafter optimize the conversion of the processed graphite to bulk, top-down, single or few layered graphene. Test work is currently underway to adapt known methods of graphene creation, and thereafter scale a selected method to a market supportable production rate.\"\n\n\n \nGraphene Production Milestones:\n\n\n \nManagement has determined that the milestones to this objective are the following:\n\n\n \n\n\n1.Evidence that graphene can be made from properly processed graphite; \n\n\n\n2.Establish partnerships with leading industrial graphene end users; \n\n\n\n3.Design and build a commercial graphene production facility, and \n\n\n\n4.Produce commercial graphene \n\n\n\n\n \nCurrently, Elcora, (Graphene Corporation) is undertaking a series of laboratory processing tests on graphite from its Ragedara mine to produce graphite in a form suitable for conversion to graphene. These proof-of-concept tests are on-going and are expected be completed in the fourth quarter of 2014. This will be part of a continuous research and development effort leading to high conversion ratios of the graphite to graphene on a commercial scale. \n\n \n \nResults of Annual and Special General Meeting\n\n \n \nThe Annual and Special General Meeting of Shareholders of the Company was held on October 14, 2014 in Vancouver, BC. At the Meeting shareholders approved all resolutions put before them by management including the elec...

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