Northern Graphite Provides Clarification on PEA Press Release

Northern Graphite Provides Clarification on PEA Press Release 
OTTAWA, ONTARIO -- (Marketwired) -- 10/23/13 -- At the request of the
Investment Industry Regulatory Organization of Canada ("IIROC"),
Northern Graphite Corporation (TSX VENTURE:NGC)(OTCQX:NGPHF) is
providing the following clarifications to its October 23, 2013 press
release announcing the results of a Preliminary Economic Assessment
("PEA") on an expansion case for its 100% owned Bissett Creek
graphite project. 
The statement that the PEA "demonstrates that Bissett Creek has very
attractive economics" should be replaced by the statement "indicates
that Bissett Creek has very attractive economics". 
In addition, the press release should have contained the statement
that "mineral resources that are not mineral reserves do not have
demonstrated economic viability". 
This press release contains forward-looking statements, which can be
identified by the use of statements that include words such as
"could", "potential", "believe", "expect", "anticipate", "intend",
"plan", "likely", "will" or other similar words or phrases. These
statements are only current predictions and are subject to known and
unknown risks, uncertainties and other factors that may cause our or
our industry's actual results, levels of activity, performance or
achievements to be materially different from those anticipated by the
forward-looking statements. The Company does not intend, and does not
assume any obligation, to update forward-looking statements, whether
as a result of new information, future events or otherwise, unless
otherwise required by applicable securities laws. Readers should not
place undue reliance on forward-looking statements. 
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Northern Graphite Corporation
Gregory Bowes
(613) 241-9959 
Northern Graphite Corporation
Stephen Thompson
(613) 241-9959
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