Mason Graphite Forwards Whistleblower Complaint Pertaining to Simon Marcotte to the Autorité des Marchés Financiers - Seite 2

Simon Marcotte requested a title change to evade insider trading reports

• Simon Marcotte was responsible for investors relations for Mason Graphite from 2015 to the end of 2019, first as Vice-President of Investor Relations of the Company until February 23, 2018 and then as Director of Investor Relations from that date on, until his departure on October 8, 2019.
• The change of title was made at Marcotte’s request so he could cease to be a “reporting insider” pursuant to Canadian Securities Laws and no longer have to file insider trading reports on SEDI. In an e-mail sent to the then CEO of the Company on February 17, 2018, Marcotte wrote that he needed money and needed “to be an ongoing seller” of the Company’s common shares. He wanted to do that without having to file insider trading reports, as it does not look good for a person in charge of investor relations to sell stock. By doing so, his transactions on common shares and options of the Company would go unnoticed by the market.
• Marcotte continued to be fully responsible for investor relations of the Company after February 17, 2018 and until October 8, 2019.
• Marcotte continued to have ongoing communications with the then CEO of the Company. Given his Investor relations role, he was kept well informed of all the plans and projects and confidential information about the Company, whether related to financings, negotiations with third parties, mergers and acquisitions, results of laboratory tests in, communications with governments etc.

With insider knowledge in-hand, Simon Marcotte transacted Mason Graphite securities

• At three different times in 2018, Simon Marcotte exercised options to acquire common shares of the Company.
• It is important to note that the Board and officers of the Company have been in black-out periods for most of the time since 2018 due to several ongoing confidential projects and discussions with third parties. As a result, none of the current directors and officers of the Company have exercised any options since 2017.

IN LIGHT OF THE INFORMATION OUTLINED ABOVE, WE REMIND MASON GRAPHITE SHAREHOLDERS THAT THEY SHOULD BE WARY ABOUT AL-TAMIMI’S QUESTIONABLE HAND-PICKED SLATE OF NOMINEES. DO NOT BE FOOLED - AL-TAMIMI’S SELECTIVE DISCLOSURE ABOUT HIS BOARD NOMINEES IS CLEARLY ONLY TO SERVE HIS OWN AGENDA AT YOUR EXPENSE.