Energizer Resources Inc.

Energizer Resources Inc. is a mineral exploration and mine development company based in Toronto, Canada, that is developing its 100%-owned, flagship Molo graphite project in southern Madagascar. Molo is one of the largest known all-flake graphite deposits in the world and hosts an NI-43-101 compliant Measured resource of 23.62 Mmt grading 6.32% carbon (C), an Indicated resource of 76.75 Mmt grading 6.25% C and an Inferred resource of 40.91 Mmt at 5.78% C, for a combined total of 141.28 Mmt at 6.13%C. Energizer is at the full feasibility stage, and results of the company's recently completed pilot plant operation confirmed that 43.5% of the Molo deposit is classified as the premium-priced large and extra-large flake, with an average purity level in excess of 97%C achieved through standard flotation alone. The company is targeting production in Q2/Q3 of 2016.