Graphite One Proposes Equity Sale Worth up to CA$18 Million in Market
Graphite One Inc., a company aiming to become a leading American producer of high-grade anode materials, has announced a private placement equity offering of up to C$18 million. The offering, led by BMO Capital Markets, aims to fund environmental studies, permitting processes, and project advancement activities.
The key details and terms of this private placement are as follows:
- **Offering size:** Up to C$18 million. - **Purpose:** To fund environmental studies, permitting, and project advancement activities. - **Expected closing date:** On or about August 8, 2025. - **Conditions:** The closing is subject to obtaining all necessary regulatory approvals, including from the TSX Venture Exchange. - **Marketed equity offering:** The shares will likely be sold through a marketed equity process, allowing institutional and accredited investors to participate.
Each unit in the offering consists of one common share and one-half of one common share purchase warrant. The indicative price for each unit is C$0.90. The securities offered are available in all provinces of Canada under the "listed issuer financing exemption" from the prospectus requirement.
Each warrant entitles the holder to acquire one common share at a price of C$1.25 for 12 months following the Closing Date. The Company has also granted the agents an option to purchase up to an additional 15% of the units.
Investors are cautioned not to place undue reliance on forward-looking information, which is given as of the date it is expressed in the press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, except as required by applicable securities laws. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, government policies, availability of capital, and general economic, market, or business conditions.
Investors are encouraged to review the Company's continuous disclosure filings available at www.sedarplus.ca for more information on the Company. For further information, please contact Anthony Huston, CEO, President, and Director of Graphite One Inc., at Tel: (604) 889-4251 or [email protected]. For investor relations inquiries, please contact Tel: (604) 684-6730 or [email protected].
The securities being offered have not been registered under the 1933 Act or under any U.S. state securities laws. The press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States. The TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) does not accept responsibility for the adequacy or accuracy of this release. The Offering is subject to regulatory approvals, including the approval of the TSX Venture Exchange.
This private placement is a significant step towards the development of Graphite One's graphite project, reinforcing the company's commitment to domestic graphite supply chains in the U.S. [1-5]
- This private placement offering by Graphite One Inc., a company based in Canada, aims to raise up to C$18 million, with the funds being used for environmental studies, permitting, and project advancement activities.
- The offering, led by BMO Capital Markets, will likely be a marketed equity process, allowing institutional and accredited investors to participate.
- Each unit in the offering consists of one common share and one-half of one common share purchase warrant, at an indicative price of C$0.90 per unit.
- Toronto-based investors, along with those from other provinces in Canada, can participate in the offering under the "listed issuer financing exemption." However, the securities are not registered under U.S. securities laws, and the offering does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States.
