Zenyatta Retains Japanese Graphite Expert to Develop Market for the Albany High Purity Graphite Material in Asia

Zenyatta Retains Japanese Graphite Expert to Develop Market for the Albany High 
Purity Graphite Material in Asia 
THUNDER BAY, ONTARIO -- (Marketwired) -- 02/19/14 --   Zenyatta
Ventures Ltd. ("Zenyatta" or "Company") (TSX VENTURE: ZEN)(OTCQX:
ZENYF) is pleased to announce the appointment of Tadashi Yamashita to
the position of Consultant - Market Development with responsibility
for advancing marketing of the unique Albany high purity graphite
material throughout Asia. Mr. Yamashita will be based in Tokyo, Japan
and work closely with Zenyatta's VP Market Development, Dr. Bharat
Mr. Tadashi Yamashita is a chemical engineer with more than 35 years
of carbon research and development experience with Mitsui Chemicals
and ConocoPhillips based in Tokyo, Japan and New York, USA. Tadashi
obtained a Masters Degree (Chemical Engineering) from Tokyo Institute
of Technology. 
Dr. Chahar stated, "I am delighted to have Mr. Yamashita join the ZEN
team. We worked closely together at ConocoPhillips to successfully
bring the CPREME(R) Graphite Materials to customers globally. Tadashi
possesses a strong technology background and a broad business
network, especially in Japanese industrial materials. He will be
invaluable to Zenyatta as we advance our ultra-high purity carbon
product for potential use in high-tech applications and will be
instrumental during ongoing discussions with end users in Asia. Mr.
Yamashita and I will continue discussions with interested parties and
develop new relationships with downstream companies to create
awareness of the ultra-high purity material while the graphite
deposit is being developed."   
Mr. Yamashita commented, "Asia and specifically Japanese companies
are keenly interested in high quality and secure supplies of natural
resources sourced from stable political jurisdictions like Canada. I
recognize that Zenyatta has discovered a special and large resource
with excellent potential for high value carbon applications. I am
very excited to be working with Bharat again and to be part of the
ZEN team to help bring this unique graphite product to the Asian
From 2003 to 2013 Mr. Yamashita worked with Dr. Chahar on marketing
and business development of CPREME(R) Graphite Materials at
ConocoPhillips and Phillips 66. They led the creation and development
of this new business to produce and supply graphite anode material
for Lithium-ion batteries. At the time, CPREME(R) graphite was the
largest North American based supplier of anode materials for
Lithium-ion batteries with customers across the three major
continents - North America, Europe and Asia. They were responsible
for strategic direction for marketing, sales, research and
The CPREME(R) graphite anode material was considered the benchmark by
leading manufacturers in the Lithium-ion batteries for high power
batteries such as those needed for the automotive market. The
CPREME(R) graphite business was able to achieve the premier status in
the industry despite the fact that the Lithium-ion battery
manufacturers and their suppliers were largely based in Asia and
ConocoPhillips had no market presence until 2006.  
From 2001 to 2003 Tadashi was President for Conoco Carbon Fibers
(Japan) which was a subsidiary of ConocoPhillips. This position
focused on Conoco's efforts to develop new carbon fibre products and
manage development of heavy oil upgrading technologies. In this
assignment, he was responsible for developing and implementing
strategy for growing Conoco's new carbon fiber product portfolio and
extending carbon capabilities. 
From 1985 to 2001 Mr. Yamashita was General Manager for Mitsui
Chemicals based in New York and Tokyo. He managed various new
chemical products development as part of the Advanced Composite
Material Division. More recently, Tadashi was responsible for sales &
marketing of Separator and Electrolyte solution of Lithium-ion
batteries and energy related materials.  
The world trend is to develop products for technological applications
that need extraordinary performance using ultra-high purity graphite
powder at an affordable cost. High purity is gaining prominence at a
time when Zenyatta discovered a very rare (hydrothermal) graphite
deposit, which can be upgraded to 99.99% carbon with very good
crystallinity without the use of aggressive acids and high thermal
Zenyatta continues to develop the unique Albany (Hydrothermal)
Graphite Deposit located in northeastern Ontario, Canada. The
Company's graphite deposit is located 30 km north of the Trans-Canada
Highway, power line and natural gas pipeline near the communities of
Constance Lake First Nation and Hearst. A rail line is located 70 km
away with an all-weather road approximately 4-5 km from the graphite
The outlook for the global graphite market is very promising with
demand growing rapidly from new applications. Graphite is now
considered one of the more strategic elements by many leading
industrial nations, particularly for its growing importance in high
technology manufacturing and in the emerging "green" industries such
as electric vehicle components. The application for graphitic
material is constantly evolving due to its unique chemical,
electrical and thermal properties. It maintains its stability and
strength under temperatures in excess of 3,300 degrees C and is very
resistant to chemical corrosion. It is also one of the lightest of
all reinforcing elements and has high natural lubricating abilities.
Some of these key physical and chemical properties make it critical
to modern industry. 
Mr. Aubrey Eveleigh, P.Geo., Zenyatta's President and CEO, is the
"Qualified Person" under National Instrument 43-101 and has reviewed
and approved the technical information contained in this news
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.
This news release may contain forward looking information and
Zenyatta cautions readers that forward looking information is based
on certain assumptions and risk factors exist that could cause actual
results to differ materially from the expectations of Zenyatta
included in this news release. This news release includes certain
"forward-looking statements", which often, but not always, can be
identified by the use of words such as "believes", "anticipates",
"expects", "estimates", "may", "could", "would", "will", or "plan".
These statements are based on information currently available to
Zenyatta and Zenyatta provides no assurance that actual results will
meet management's expectations. Forward-looking statements include
estimates and statements with respect to Zenyatta's future plans,
objectives or goals, to the effect that Zenyatta or management
expects a stated condition or result to occur, including the expected
timing for release of sample analyses and a resource estimate, the
expected uses for graphite in the future, and the future uses of the
graphite from Zenyatta's Albany deposit. Since forward-looking
statements are based on assumptions and address future events and
conditions, by their very nature they involve inherent risks and
uncertainties. Actual results relating to, among other things,
results of exploration, project development, reclamation and capital
costs of Zenyatta's mineral properties, and Zenyatta's financial
condition and prospects, could differ materially from those currently
anticipated in such statements for many reasons such as: changes in
general economic conditions and conditions in the financial markets;
changes in demand and prices for minerals; litigation, legislative,
environmental and other judicial, regulatory, political and
competitive developments; technological and operational difficulties
encountered in connection with Zenyatta's activities; and other
matters discussed in this news release and in filings made with
securities regulators. This list is not exhaustive of the factors
that may affect any of Zenyatta's forward-looking statements. These
and other factors should be considered carefully and readers should
not place undue reliance on Zenyatta's forward-looking statements.
Zenyatta does not undertake to update any forward-looking statement
that may be made from time to time by Zenyatta or on its behalf,
except in accordance with applicable securities laws. 
Zenyatta Ventures Ltd.
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