Applied Graphite AGM Results

VANCOUVER, BC, June 16, 2025 /CNW/ - Applied Graphite Technologies Corp. ("AGT") (TSXV: AGT), announces the election of directors at the Annual General and Special Meeting of Shareholders. The five nominees proposed by management were elected as directors. According to proxies received and ballots cast, each of the following five individuals were elected as directors of AGT until the next annual meeting of shareholders or until such person's successor is elected or appointed, Don Baxter (CEO), Chaanaka Abeyratne, Ian Harris, Lindsay Nagle and Jay Sujir.

Mr. James Ruane and Mr. Rodney Stevens did not stand for re-election and are no longer directors, effective today. We thank them for their service and support to  AGT.

About Applied Graphite Technologies

Applied Graphite Technologies is developing the Queens Mine Complex in Sri Lanka. The QMC is on private land in the heart of the vein graphite district, with historical workings and vein graphite outcrops. Vein graphite is naturally high grade (+95% carbon content in the ground) and does not require primary processing. Testing of vein graphite in lithium-ion battery anodes has shown very high capacities, performing better than synthetic graphite. Natural vein graphite has a far superior ESG footprint than synthetic and is cheaper without compromising performance.

The technical information in this news release has been prepared by Don Baxter, P.Eng., a "qualified person" as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101").                                  

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information as such term is defined in applicable securities laws, which relate to future events or future performance and reflect management's current expectations and assumptions. The forward-looking information includes statements about Applied Graphite Technologies (AGT)'s plans. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to AGT, including the assumption that approvals will be obtained. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. Risk factors that could cause actual results to differ materially from the results expressed or implied by the forward-looking information include, among other things, an inability to access financing as needed. AGT cautions the reader that the above list of risk factors is not exhaustive.

Except as required under applicable securities legislation, AGT undertakes no obligation to publicly update or revise forward-looking information.

SOURCE Applied Graphite Technologies Corporation

Additional Information: Don Baxter, Chief Executive Officer, [email protected], [phone], www.appliedgraphite.com