Eagle Graphite Incorporated reported that it has signed a non-binding Letter of Intent to supply high purity graphite from the Black Crystal Quarry in British Columbia, Canada. Eagle Graphite has signed a Letter of Intent to supply high purity (>99.95 wt%C), large flake graphite to a purchaser in Asia. Signing of the LOI follows 6 months of extensive testing of graphite samples provided by Eagle Graphite from the Black Crystal project. At the conclusion of this phase of due diligence (including site visits), the parties have identified a clear pathway forward beginning with the signing of this LOI. The LOI establishes a non-binding framework for a binding agreement, including pricing, to be negotiated by the end of November, 2019, or such date as the parties find mutually acceptable. Terms include an assurance by Eagle that the identity of the customer remain confidential. There exist no related/affiliated or common directors and/or management between the contracting parties.