Northern Graphite Corporation (TSX VENTURE:NGC)(OTCQX:NGPHF) is pleased to
announce that it has been accepted for graduation to Tier 1 of the TSX Venture
Exchange (the "TSXV"). Northern will commence trading as a Tier 1 issuer on
November 29, 2012.


As a result of Northern's graduation to Tier 1 issuer status, securities of
Northern currently held in escrow under escrow agreements dated April 7, 2011
entered into among Northern, Equity Financial Trust Company as escrow agent and
certain escrowed security holders of the Company pursuant to National Policy
46-201 Escrow for Initial Public Offerings and the policies of the TSXV will
become subject to an accelerated release schedule. As a result, all of the
securities of Northern currently remaining in escrow, being an aggregate of
1,734,541 common shares of Northern, will be released effective November 29,
2012. Upon the release of these securities, Northern will not have any
securities remaining in escrow. The vast majority of the escrowed shares are
held by directors and management. The number of outstanding common shares of
Northern will not change as a result of the escrow release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Gregory Bowes, CEO
(613) 241-9959


Stephen Thompson, CFO
(613) 241-9959
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