Graphite One Inc. is pleased to announce a non-brokered private placement of up to 13.5 million units of the Company at a price of CA$1.15 per Unit for aggregate gross proceeds of up to CA$15,525,000 . Each Unit will consist of one common share of the Company and one transferable common share purchase warrant entitling the holder to acquire, on payment of CA$1.50 per Warrant to the Company, one common share for a period [...]
Graphite One Inc. is pleased to announce that the Company intends to amend the term of 10,429,981 warrants that were issued on August 12, 2021 and September 24, 2021. Such amendment is subject to Exchange acceptance. The amendment includes extending the expiry date of the warrants from August 12, 2022 to May 12, 2023 and adds a new acceleration provision whereby if the Company's share price closes above $1.75 for 20 [...]
Singh Served as CFO at News Corporation, Bringing Decades of U.S. Public Company Financial Experience Graphite One Inc. is pleased to announce the addition of Mr. Bedi A. Singh to the Company's Board of Directors following the Annual General and Special Meeting of Shareholders held on June 29, 2022. Mr. Singh served as the Chief Financial Officer of News Corporation from 2012 to 2017. He served as Co-CEO, President [...]
Consistent High Grade Drilling Results to be included in upcoming Pre-Feasibility Study Graphite One Inc. , planning a complete domestic U.S. supply chain for advanced graphite materials, is pleased to announce drill results from its 2021 field program at its Graphite Creek Project , located in the Kigluaik Mountains on the Seward Peninsula approximately 37 miles north of Nome, Alaska. Graphite Creek is currently [...]
Graphite One Inc. is pleased to announce the appointment of mining veteran Mike Schaffner as Senior Vice President, Mining of the Company's wholly-owned Alaskan subsidiary, Graphite One Inc.,effective July 1, 2022. Prior to joining G1, Mr. Schaffner worked at Ambler Mining, where he oversaw engineering work for the Arctic pre-feasibility study and managed the metallurgical test work program for the company's drilling [...]
Graphite One Inc. is pleased to announce the appointment of Mr. Scott Packman to the Company's Board of Directors. Prior to joining the Graphite One Board of Directors, Mr. Packman served as General Counsel and Executive Vice President of Madison Square Garden Entertainment Corp. He also served as the General Counsel of MGM Holding, the owner of the iconic MGM movie and television studio, for over 12 years. Mr. Packman is [...]
Graphite One Inc. has signed a memorandum of understanding with Sunrise New Energy Material Co., Ltd. The intent is to develop an agreement to share expertise and technology for the design, construction, and operation of Graphite One's proposed U.S.-based graphite material manufacturing facility. The plan for the materials facility - the second link in Graphite One's U.S. supply chain solution for advanced graphite [...]
Graphite One Inc. is pleased to announce it has entered into a non-binding initial Memorandum of Understanding with battery materials recycler Lab 4 Inc. of Nova Scotia, whereby Graphite One and Lab 4 propose to collaboratively work together to design, develop and build a recycling facility for end-of-life EV and lithium ion batteries. Lab 4 Inc. provides laboratory and engineering support to mining companies with a focus [...]
Graphite One Inc. offers the following comments on President Joe Biden's announcement today that graphite and other critical battery materials are designated as "essential to national defense" under the Defense Production Act of 1950. Graphite and other battery minerals - lithium, manganese, cobalt and nickel - join rare earth materials the only U.S. Government-listed Critical Minerals eligible for the comprehensive [...]
Graphite One Inc. announced today that Washington State is the chosen location for the Company's advanced materials processing plant, which will bring battery anode production to the United States. "This is a major step towards our 100% U.S.-based advanced graphite supply chain," said Anthony Huston, President and CEO of Graphite One. "Washington State offers the opportunity for Graphite One to use a green energy source [...]
Graphite One Inc. is pleased to announce that its Graphite Creek resource in Alaska has been cited as the largest known graphite deposit in the United States by the U.S. Geological Survey in its updated U.S. Mineral Deposit Database 1. "Graphite has not been produced in the United States since the 1950s," said Jeff Mauk, USGS lead scientist for USMIN. "This release provides an update on the Nation's graphite resources and [...]
Graphite One announces that W. Alan Ahlgren, Chief Financial Officer and Corporate Secretary, is retiring after 7 years with the Company. Gordon Jang has been appointed Interim Chief Financial Officer by the Board of Directors while the Company seeks a permanent replacement. Mr. Ahlgren will continue on with the Company in a consulting role to assist with the transition. "Alan has made an immense contribution to the [...]
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