Graphite One Secures Up to C$18 Million in New Offering
Graphite One Announces Major Equity Offering
Vancouver-based Graphite One Inc. (TSX-V: GPH) is taking a significant step to bolster its financial footing by announcing a marketed equity offering aimed at raising up to C$18 million. This private placement is part of a strategic effort to enhance the company’s operations and facilitate the development of its Graphite Creek project.
Details of the Offering
The offering involves units that include one common share and half of one common share purchase warrant, referred to as a Unit, priced at an indicative rate of C$0.90 per Unit. Investors will have the opportunity to acquire one common share from the Company at a price of C$1.25 using the warrants for a period of twelve months following the closing date of the offering.
Agent Participation and Options
Graphite One has secured the involvement of a syndicate of agents led by BMO Capital Markets, who will manage the offering on a best-efforts basis. Additionally, the company has granted the agents the option to purchase an additional 15% of the Units, which adds flexibility to the offering structure and caters to investor demand.
Utilization of Proceeds
The net proceeds from this offering are set to fund crucial environmental studies and permitting activities related to the Graphite Creek property. This capital infusion will also help facilitate milestone payments and support general working capital requirements.
Regulatory Compliance
The Units will be made available to purchasers across all provinces in Canada, relying on the “listed issuer financing exemption” from the prospectus requirement, which simplifies the process for investors. This approach aligns with compliance regulations and enables a more streamlined offering process.
Expectations and Closing Timeline
Graphite One anticipates that the closing date of the offering will be on or about August 8, 2025, assuming all necessary regulatory approvals are secured. This expected timeline illustrates the company’s commitment to moving forward efficiently while adhering to compliance standards.
About Graphite One Inc.
Graphite One Inc. is dedicated to advancing its Graphite One Project, with aspirations of becoming a leading producer of high-grade anode materials integrated with a domestic graphite resource. The company aims to establish a vertically integrated operation that mines and processes natural graphite, thereby producing both artificial and natural graphite anode active materials for the growing lithium-ion electric vehicle battery and energy storage markets.
Graphite One's Vision for the Future
The commitment of Graphite One to sustainable mining practices and innovative technology positions the company favorably within the competitive landscape. As demand for electric vehicle batteries and energy storage solutions continues to rise, Graphite One stands to benefit significantly from its strategic initiatives and enhanced production capabilities.
Connecting with Graphite One
For additional information about Graphite One Inc. and its initiatives, visit the Company’s website at www.GraphiteOneInc.com. For direct inquiries, you can reach out to:
Anthony Huston
CEO, President & Director
Tel: (604) 889-4251
Email: AHuston@GraphiteOneInc.com
Investor Relations Contact
Tel: (604) 684-6730
Email: GPH@kincommunications.com
Frequently Asked Questions
What is Graphite One's equity offering about?
Graphite One's equity offering aims to raise up to C$18 million to support the Graphite Creek project and fund general operations.
What are the terms of the offered units?
Each unit consists of one common share and one-half of a common share purchase warrant at C$0.90, with warrants allowing purchase at C$1.25 per share.
When is the expected closing date of the offering?
The offering is anticipated to close on or around August 8, 2025, pending regulatory approvals.
How will the proceeds from the offering be utilized?
The net proceeds will fund environmental studies, permitting activities, milestone payments, and working capital needs.
What is the potential impact of Graphite One's project?
Graphite One aims to become a key supplier of high-grade anode materials for the rapidly growing electric vehicle and energy storage markets.
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