Mason Graphite Appoints Tayfun Eldem as Chairman of its Board of Directors

MONTREAL, Feb. 26, 2013 /CNW/ - Mason Graphite Inc. (TSX.V: LLG) ("Mason Graphite" or the "Company") is pleased to announce the appointment of Mr. Tayfun Eldem, P. Eng., current Director of the Company, as Chairman of the Board.

Benoît Gascon, CEO of Mason Graphite commented, "We are very pleased that Mr. Eldem has accepted the position of Chairman for our Board. We have seen tremendous progress at the Lac Guéret project in the last six months and we believe his development and operational experience will greatly benefit the Company as we continue to move the project towards production."

Mr. Tayfun Eldem currently serves as the President and CEO of Alderon Iron Ore Corp. He has worked for the Iron Ore Company of Canada ("IOC"), a Rio Tinto subsidiary, for more than 20 years, including three years as a Director on the joint-venture Board. During this period, Mr. Eldem held many senior roles including Vice President, Expansion Projects & Engineering and Vice President, Operations & Engineering. Mr. Eldem was accountable for the development and delivery of a nearly $2.0 billion program of green and brown fields expansion projects. Prior to his Projects role, Mr. Eldem was responsible for all of IOC's Operations including the mine, process plants, rail and port facilities. Mr. Eldem led a team of about 2,000 to deliver two consecutive years of record annual material movement at the mine and record ore processing through the concentrator. Mr. Eldem holds a Bachelor of Engineering degree from Dalhousie University along with Operations & Strategic Management Certificates from Richard Ivey School of Business and London Business School.

Mr. Eldem replaces Mr. Tyrone Docherty as Chairman of the Board, however Mr. Docherty will continue to serve Mason Graphite as Vice-Chairman.