Sarytogan Graphite chases customers for Kazakh graphite products
His significant industrial minerals marketing experience also includes a solid 15-year stint selling graphite for Brazilian Group Unimetal, Technografit in Germany, Syrah Resources in Mozambique and Nacional De Grafite in Brazil.
He will now be introducing a range of Sarytogan’s graphite products to customers around the world, armed with several hundred kilograms of customer samples.
Sarytogan Graphite managing director Sean Gregory said: “Sarytogan Graphite is delighted to attract the talents of such an experienced graphite marketeer in Antonio. Antonio’s decision to join us is a ringing endorsement of the quality and potential of the Sarytogan graphite project from a true expert in the field.”
The company secured the first tranche of $2,641,210 in equity investment cash from the EBRD about a month ago and has issued 16,507,563 shares to the bank. The EBRD now holds 9.99 per cent of the company.
A further tranche is expected ahead of the long-stop date of February 8 agreed with Australia’s Foreign Investment Review Board, which will take the bank’s total commitments to $5 million.
The European bank’s equity in the company will increase to 17.36 per cent, which Sarytogan welcomes as a ringing endorsement of its credibility and project quality, underpinned by its recently estimated indicated and inferred resource of 229 million tonnes at 28.9 per cent total graphitic carbon.
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