July 26 (Reuters) - Standard Graphite Corp:
* Signed mineral property option agreement with Soquem
* Co may buy 50 pct-interest in property by incurring $3.5 million in exploration expenditures, issuing 3.5 million shares over a 5 year period
* Pursuant to option agreement Standard has been granted option to earn 50 pct interest in Philibert gold project in Quebec Source text for Eikon: ID:nMKWBn02pa Further company coverage: SGH.V