Graphite One Inc. Announces Private Placement and Financing Option

Strategic Insights -

Graphite One Inc. (TSX-V: GPH; OTCQX: GPHOF) has entered into an agreement with a syndicate of agents led by BMO Capital Markets to market a private placement worth up to C$18 million, consisting of one common share and one-half of one common share purchase warrant. The company plans to use the net proceeds for environmental studies, permitting activities on the Graphite Creek property, a Chenyu milestone payment, and general working capital purposes. The private placement is expected to close on or about August 8, 2025, subject to regulatory approvals.

Key Takeaways:

  • The private placement will consist of up to C$18 million of units, with an indicative price of C$0.90 per unit.
  • Each unit will comprise one common share and one-half of one common share purchase warrant.
  • The warrants will entitle the holder to acquire one common share at C$1.25 per share for a period of 12 months.
  • The company intends to use the net proceeds for environmental studies, permitting activities, a Chenyu milestone payment, and general working capital purposes.
  • The private placement is expected to close on or about August 8, 2025, subject to regulatory approvals.
  • The securities offered under the Listed Issuer Financing Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.
  • Anthony Huston, CEO, President, and Director of Graphite One Inc., stated that the company continues to develop its Graphite One Project to become an American producer of high-grade anode materials integrated with a domestic graphite resource.
  • The company plans to offer the securities to purchasers resident in all provinces of Canada in reliance on the Listed Issuer Financing Exemption.
  • The Offering is not subject to a hold period in accordance with applicable Canadian securities laws in reliance on the Listed Issuer Financing Exemption.
  • Graphite One Inc. continues to develop its Graphite One Project with the goal of becoming an American producer of high-grade anode materials integrated with a domestic graphite resource.

Statistics:

  • C$18 million: The total amount of the private placement.
  • C$0.90: The indicative price per unit.
  • 12 months: The period during which the warrants can be exercised.
  • August 8, 2025: The expected date for the closing of the private placement.

Sources:

  • Globe Newswire. Graphite One Inc. Announces Private Placement. July 23, 2025.
  • Graphite One Inc. website, Investors Relations section.