BRIEF-Standard Graphite signs mineral property option agreement with Soquem

Tue Jul 26, 2016 1:46pm EDT
 
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July 26 (Reuters) - Standard Graphite Corp:

* Signed mineral property option agreement with Soquem

* Co may buy 50 pct-interest in property by incurring $3.5 million in exploration expenditures, issuing 3.5 million shares over a 5 year period

* Pursuant to option agreement Standard has been granted option to earn 50 pct interest in Philibert gold project in Quebec Source text for Eikon: Further company coverage: