NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTRÉAL, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (TSXV: CDPR) (OTCMKTS: GPPRF) (FRA: N8HP) (BVL: CDPR) (“CDPR” or the “Corporation”) is pleased to announce that it has closed its previously announced brokered private placement pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as modified by Coordinated Blanket Order 45 ...

Core Insights - Doyon Limited and Aleut have invested a total of US$5.0 million in Graphite One to support the development of the Graphite Creek Deposit [1][2][3] - The investment is part of a strategic initiative to establish a complete domestic U.S. supply chain for advanced graphite materials [1][5] Investment Details - The investment was made through a non-brokered private placement of 8,514,024 units at a price of CDN$0.82 per unit, with each unit consisting of one common share and one warrant [1][2] - Each warrant allows the holder to purchase one common share at CDN$1.03, expiring three years from the closing of the placement [1][2] Use of Proceeds - Gross proceeds from the private placement will be allocated for environmental studies, permitting activities on the Graphite Creek property, and general corporate purposes [2] Corporate Statements - Doyon Limited emphasizes that this investment represents a long-term commitment to responsible resource development in Alaska [3] - Aleut expresses its belief in renewable energy and the importance of graphite as a critical resource for future development [3] - Graphite One acknowledges the significance of these investments from Doyon and Aleut, highlighting the collaboration with Alaska Native Regional Corporations [4] Project Overview - Graphite One aims to create an integrated business operation to produce lithium-ion battery anode materials and other graphite products for the U.S. market [5] - The project will utilize natural graphite from the Graphite Creek Mine in Alaska and will include a manufacturing facility in Warren, Ohio [5] - The U.S. Geological Survey has identified the Graphite Creek Deposit as America's largest natural graphite deposit, with significant increases in size verified in 2023 [5]

Core Insights - Ramaco Resources, Inc. has received a second 5-year mine permit approval for the Brook Mine, allowing continued coal mining and reclamation activities across 4,548.8 acres in Wyoming [1][2] - The permit signifies compliance with regulatory requirements, enhancing stakeholder confidence in the company's operational capabilities [2] - The Brook Mine Carbon Ore Rare Earth project marks the first new rare earth mine in the U.S. in over 70 years and the first new coal mine in Wyoming in over 50 years, contributing to national efforts to reduce reliance on foreign critical minerals [3] Company Developments - Wyoming Governor Mark Gordon approved a $6.1 million Energy Matching Fund grant to support the construction of a pilot-scale processing facility at the Brook Mine, with construction set to begin later this year [4] - Ramaco Resources operates and develops high-quality metallurgical coal and is also a developing producer of coal, rare earth, and critical minerals in Wyoming [5] - The company has discovered a major deposit of primary magnetic rare earths and critical minerals at its mine near Sheridan, Wyoming, and operates a carbon research and pilot facility related to advanced carbon products [5]