Great Lakes Graphite Inc. reported earnings results for the third quarter and nine months ended July 31, 2017. The Corporation generated revenues of $34,301 during the third quarter ended July 31, 2017 compared to $33,959 as at July 31, 2016, which represents a similar sales volume. The Corporation recorded an operating loss of $435,905 compared to an operating loss of $721,882 for the 3rd quarter of 2016.

For the nine month period ending on July 31, 2017, total sales were $284,162 compared to $33,959 for the same period in 2016, being an increase of approximately 736%. The Corporation recorded an operating loss of $1,613,722 compared to an operating loss of $1,829,186 for the nine month period ended July 31, 2016.

The company announced that Mr. Thomas Ukolowicz has resigned from the Board of Directors, effective September 25, 2017.