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Great Lakes Graphite Inc. is an industrial minerals company with the mandate to bring graphite projects to production through the acquisition and development of high quality graphite flake properties.

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Message: Shares for Debt BULLETIN DATE: June 24, 2016 TSX Venture Tier 2 Company

GREAT LAKES GRAPHITE INC. ("GLK") BULLETIN TYPE:

TSX Venture Exchange has accepted for filing the Company's proposal to issue 250,000 common shares at a deemed value of $0.07 per share to settle outstanding debt for $17,500.

Number of Creditors: 1 Creditor

For further details, please refer to the Company's news release dated June 24, 2016.

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