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Bass Metals Announces Sales and Purchase MOU Signed for 50% of Stage 1 Graphmada Graphite Production

Bass Metals Limited (ASX:“BSM”) (the “Company”) is pleased to announce that it has signed a sales and purchase Memorandum Of Understanding (MOU) for 50% of its forecast Stage 1 premium graphite concentrate production for 2018.

The concentrates to be produced from the Company’s 100% owned Graphmada Graphite Mine, located in Madagascar, will be sold into the refractories, foundries and crucibles markets throughout Europe at a premium in pricing to other market segments such as battery applications.

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