Business
Northern Graphite Announces Grant of Stock Options and Board Appointments
Ottawa, Ontario--(Newsfile Corp. - January 20, 2023) - Northern Graphite Corporation (TSXV: NGC)...
About this update from Northern Graphite Corporation
[{"type":"text","content":"Northern Graphite Announces Grant of Stock Options and Board AppointmentsOttawa, Ontario--(Newsfile Corp. - January 20, 2023) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the \"Company\" or \"Northern\") announces, that subject to the approval of the TSX Venture Exchange (TSX-V), the Board of Directors has approved a grant of stock options to directors to purchase a total of 1,100,000 shares of the Company at a price of $0.55 per share, vesting immediately, for a period of five years. The Board also wishes to announce the following appointments. Gregory Bowes has been appointed as Chairman of the Board effective January 1, 2023. He was previously Executive Chairman. Frank O'Brien-Bernini has been named Chair of the Environment, Social, Governance (ESG) and Nominating Committee.Mr. O'Brien-Bernini is a recently retired, long-time employee and executive of Owens Corning. Mr. O'Brien-Bernini served as Owens Corning's Senior Vice President and Chief Sustainability Officer in which capacity he was responsible for its global corporate sustainability strategy development and execution including environmental, health and safety, medical/wellness and product stewardship. During Frank's tenure, Owens Corning achieved several industry leading recognitions and awards including placement on the Dow Jones Sustainability World Index for 12 years in a row, ranking number 1 on the 100 Best Corporate Citizens List four years in a row, placing in S&P Global's \"Gold Class\" for eight consecutive years, being included on the list of Green Power Partners from Fortune 500® and earning ISS scores of \"1\" for both the environmental and social categories. During this time, Owens Corning reduced its scope 1 & 2 greenhouse gas emissions by 60% from their peak. Frank previously served as Owens Cornings' Vice President and Chief Research & Development Officer where he was responsible for new product and process development, new application development, manufacturing productivity, and customer technical support for all business units. Mr. O'Brien-Bernini holds Bachelor of Science and Masters in Mechanical Engineering degrees from the University of Massachusetts, Amherst.About Northern GraphiteNorthern is a Canadian, TSX Venture Exchange listed company that is focussed on becoming a world leader in produ...