Sign in Subscribe
Stock offerings

Graphite One Announces Amendments to Marketed Equity Offering

Strategic Insights

— 1 min read

Graphite One Inc., a British Columbia-based company developing the Graphite One Project, has announced amendments to its previously announced marketed equity offering. The amendments involve adjusting the terms of the offering, which will now consist of units comprising a common share and a whole common share purchase warrant. The warrant will allow holders to acquire one common share at a price of C$1.10 per share for a period of 24 months.

Key Takeaways:

  • The amended terms involve units comprising one common share and one whole common share purchase warrant.
  • Each warrant will entitle the holder to acquire one common share at a price of C$1.10 per share for 24 months.
  • The Company has agreed to use commercially reasonable efforts to list the warrants on the TSX Venture Exchange following closing of the offering.
  • The amended terms are effective as of July 23, 2025, with the exception of the listing of warrants on the TSX Venture Exchange.
  • The Company expects to close the offering on or about August 22, 2025, subject to receiving all necessary regulatory approvals.
  • The securities being offered under the listed issuer financing exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.
  • Graphite One will use the proceeds from the offering for the development of the Graphite One Project.
  • The Company has disclosed that the proceeds from the offering will be used for the continued exploration and development of the Project.

Statistics:

  • The offering is expected to close on or about August 22, 2025.
  • The warrants will be exercisable for a period of 24 months.
  • The price of the warrants is C$1.10 per share.
  • The securities being offered under the listed issuer financing exemption will not be subject to a hold period.
  • Graphite One will receive gross proceeds of up to CDN $8 million from the offering.
  • The maximum number of securities for which the offering will be available is 24,451,616 Units.
  • The offering is being conducted in reliance on the listed issuer financing exemption from the prospectus requirement.

Sources:

  • GlobeNewswire, "Graphite One Announces Amendments to Previously Announced Marketed Equity Offering" (August 18, 2025)
  • Graphite One Inc., news release dated July 23, 2025
  • National Instrument 45-106 - Prospectus Exemptions
  • Canadian Securities Administrators, "Coordinated Blanket Order 45-935 Exemptions from Certain Conditions of the Listed Issuer Financing Exemption"
  • www.sedarplus.ca
  • www.graphiteoneinc.com
  • Phone: (604) 889-4251
  • Email: AHuston@GraphiteOneInc.com

Read more