Graphite One is pleased to provide the Company's 2022 year in review and provide objectives for 2023. 2022 Highlights 2022 Pre-Feasibility Study Pre-tax NPV of US$1.93 bilion, IRR of 26% using an 8% discount rate, and a payback of 4.6 years Post-tax NPV of US$1.36 billion, IRR of 22% using an 8% discount rate, and a payback period of 5.1 years Project life : 26 years based on 1 square km of 16 km geophysical anomaly [...]
Graphite One refers to the November 20, 2022 news release whereby the Company announced a total of 9,322,987 units were issued over two closings for gross proceeds of $10,721,434. Taiga Mining Company, an insider of the Company, participated in the Offering and acquired 2,258,957 Units. The issuance of Units to Taiga pursuant to the Offering is considered to be a related party transaction within the meaning of TSXV Policy [...]
Graphite One Inc. is pleased to announce that it has closed the final tranche of the previously announced upsized non-brokered private placement raising gross proceeds of $645,052 through the issuance of 560,916 units at a price of $1.15 per unit. Each unit consists of one common share and one common share purchase warrant, with each Warrant entitling the holder to acquire, on payment of $1.50 to the Company, one common [...]
Graphite One Inc. announces that further to the news release disseminated on September 20, 2022, the Company has received an extension from the TSX Venture Exchange with respect to the duration of its previously announced non-brokered private placement. The outside date upon which final acceptance of the non-brokered private placement will be granted by the TSXV has been extended until November 21, 2022. On August 8 [...]
Graphite One Inc. is pleased to announce that its NI 43-101 compliant independent report titled "Preliminary Feasibility Study, Technical Report - Graphite One Project, Alaska, USA" has been filed on SEDAR and is now available on the Company's website at www.graphiteoneinc.com. JDS Energy & Mining Inc. of Vancouver, B.C. authored the report, which is dated October 13, 2022, with an effective date of August 29, 2022. For [...]
2 Kilometer Step Out from Known Resource Encounters Graphite Mineralization Graphite One Inc. is pleased to announce it has completed the 2022 Field Program at its 100%-owned Graphite Creek Project in Alaska. The 2022 Field Program included infill and step-out core drilling in the resource area. Additional core and sonic drilling were completed for geotechnical data collection at the proposed mill site, planned dry [...]
Graphite One Inc. announces that further to the news releases disseminated on August 8, 2022 and August 29, 2022, the Company has extended the closing of the final tranche of a previously announced non-brokered private placement from September 22, 2022 to or before October 21, 2022. On August 8, 2022, the Company had announced a non-brokered private placement of up to 13,500,000 units at a price of $1.15 per unit . Each [...]
Graphite One Inc. announces that further to the news release disseminated on August 23, 2022, the Company has revised the pricing of a shares for debt transaction to settle outstanding debt in an aggregate of US$6,775,230, including US$1,819,230 of accrued interest, owing pursuant to an unsecured loan facility dated September 6, 2019, as amended and extended, between Taiga Mining Company, Inc. and the Company. Pursuant to [...]
Graphite One Inc. is pleased to announce that it has closed the first tranche of the previously announced non-brokered private placement dated August 8, 2022 raising gross proceeds of $10,076,382 through the issuance of 8,762,071 units at a price of $1.15 per unit . Each unit consists of one common share and one common share purchase warrant , with each Warrant entitling the holder to acquire, on payment of $1.50 to the [...]
Graphite One Inc. announces an increase in the size of its previously announced $15,525,000 non-brokered private placement . The Company Intends to issue up to 18,500,000 units of the Offering at a price of $1.15 per unit for gross proceeds to the Company of up to $21,275,000. In all other respects, the terms of the Offering and the use of proceeds will remain the same as previously disclosed in the Company's August 8 [...]
Pre-Feasibility Study Delivers Robust Economics before Accounting for Tax Credits Enacted by the U.S. Inflation Reduction Act of 2022, Expected to Improve Post-tax Results Projected Commercial Scale Anode Material Production for U.S. Battery Market Using Alaska Graphite Graphite One Inc. , is pleased to announce the results of its Pre-Feasibility Study of the Graphite One Project. Parallel strategy to simultaneously [...]
Graphite One Inc. announces that the Company has arranged a shares for debt transaction to settle outstanding debt in an aggregate of US$6,775,230, including US$1,819,230 of accrued interest, owing pursuant to an unsecured loan facility dated September 6, 2019, as amended and extended, between Taiga Mining Company, Inc. and the Company . Anthony Huston, President and CEO of Graphite One, commented "Graphite One is very [...]