Energizer Resources Announces Phase 1 Mine Plan of 15,000 Tonnes Per Year and Imminent Release of an Updated Feasibility Study

TORONTO, ONTARIO--(Marketwired - April 20, 2017) - Energizer Resources Inc. (TSX:EGZ)(OTCQB:ENZR)(WKN:A1CXW3) ("Energizer" or the "Company") announces that it has revised Phase 1 of its mine development plan for its 100%-owned Molo Graphite Project in Madagascar to now include significant production and that the completion of an updated Feasibility Study (FS) to reflect this development is imminent.