Graphite One Announces Final Terms of Previously Announced Marketed Equity Offering

Core Viewpoint - Graphite One Inc. is conducting a public offering of 17,142,000 units at a price of C$1.75 per unit, aiming to raise gross proceeds of C$30 million to fund its graphite project and general working capital [1][4]. Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the holder to acquire one common share at C$2.25 for 36 months post-closing [2]. - The company has granted agents an option to increase the offering size by up to C$5 million (2,860,000 units) for over-allotments and market stabilization [3]. Use of Proceeds - The net proceeds from the offering will be allocated to expenditures related to the AAM plant, including design, engineering, permitting, equipment purchases, and general working capital [4]. Regulatory and Offering Structure - The units will be offered via a prospectus supplement to the existing base shelf prospectus filed on January 20, 2026, across Canadian provinces and territories, excluding Quebec, and may also be offered through private placement in the U.S. [5]. - The securities have not been registered under U.S. securities laws and cannot be sold in the U.S. without registration or an exemption [6][10]. Company Overview - Graphite One Inc. is focused on developing its Graphite One Project, aiming to become a U.S. producer of high-grade anode materials integrated with a domestic graphite resource, primarily for lithium-ion electric vehicle batteries and energy storage markets [7].