Graphano Provides Spring Exploration Program Update
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Graphano Provides Spring Exploration Program Update
Vancouver, BC, April 16, 2026 – Graphano Energy Ltd. ("Graphano" or the " Company") (TSXV:
GEL, FSE:97G0) is pleased to provide an update on the upcoming Spring 2026 exploration program at its
100% owned Black Pearl graphite project in Québec. The program is designed to advance high -priority
targets identified through recent airborne geophysical surveys and ongoing AI-assisted exploration analysis.
The Company’s collaboration with AI Resource Exploration is advancing, with integrated geophysical, and
geological datasets being used to refine and rank priority targets for upcoming fieldwork. Ground activities
will be fully integrated with this AI -driven process, with new data continuously incorporated to enhance
real-time targeting and drill prioritization.
Initial work will focus on conductive zones near the Black Pearl drilling areas, where prior results indicate
graphite potential. The Spring program will include channel sampling and Max -Min electromagnetic
surveys over priority targets to further define conductive trends and support future drilling.
Dr. Luisa Moreno, Chief Executive Officer of Graphano, commented: "The integration of AI into our
exploration workflow is a key step in accelerating discovery at Black Pearl. By combining real -time field
data with advanced analytics, we are building a dynamic targeting process that improves our ability to
identify and pr ioritize high -quality drilling targets. This program represents a disciplined and efficient
approach to advancing the project."
The Company expects field activities to commence as weather conditions permit, with results to be reported
as they become available.
ATI Applications for Expanded Exploration Areas
In preparation for this work, Graphano is in the process of filing the required Authorizations for Impact
(ATI) to access and conduct exploration activities in newly identified areas of interest.
Grant of Stock Options
Subject to acceptance by the TSX Venture Exchange, it has granted, effective today’s date (the “ Grant
Date”), an aggregate of 665,000 stock options (the “Options”) to certain directors, officers, and consultants
of the Company to acquire common shares in the capital of the Company (the “ Common Shares ”),
pursuant to the Company’s stock option plan.
The Options vest on the Grant Date and are each exercisable at a price of $0.15 per Common Share until
April 15, 2031. Any Common Shares issued upon exercise of the Options will be subject to a hold period
of four months and one day from the Grant Date in accordance with the policies of the TSX Venture
Exchange and applicable securities laws.
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Qualified Person
The scientific and technical content disclosed in this press release has been reviewed and approved by
Roger Dahn, B.Sc., P.Geo., a director of the Company and a “Qualified Person” as defined in National
Instrument 43-101 – Standards of Disclosure for Mineral Projects.
About Graphano Energy
Graphano Energy Ltd. is an exploration and development company focused on evaluating, acquiring, and
developing energy metals resources from exploration to production. Graphite is one of the most in-demand
technology minerals that is required for a green and sustainable world. The Company’s Lac Aux Bouleaux
property, situated adjacent to Canada’s only producing graphite mine, in Qu ébec, Canada, has historically
been an active area for natural graphite. With the demand for graphite growing in some of the most
prominent and cutting -edge industries, such as lithium batteries in electric cars and other en ergy storage
technologies, the Company is developing its project to meet the demands of the future.
ON BEHALF OF THE BOARD OF DIRECTORS
Luisa Moreno
Chief Executive Officer and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements:
This news release contains certain “forward -looking information” and “forward -looking statements”
(collectively “forward -looking statements”) within the meaning of applicable securities legislation. All
statements, other than statements of historical fact, included herein, without limitation, are forward-looking
statements. Forward -looking statements are frequently, but not always, identified by words such as
“expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar
expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur
or be achieved. Forward-looking statements in this news release relate to, among other things, Forward -
looking statements in this news release relate to, among other things, graphite zone expansion at Standard,
ongoing mineral resource estimation work, further advancing the Company’s projects, the Company
potentially becoming a significant regional supplier of graphite to the North American market, future assay
results and any impact thereof, the timing and scope of the Spring 2026 exploration program, including
planned channel sampling, Max-Min electromagnetic surveys and potential future drilling, the anticipated
timing of field activities, the filing a nd receipt of Authorizations for Impact (ATI) and other required
permits, the integration and effectiveness of AI -assisted exploration analysis and the use of geophysical
and geological datasets to identify and prioritize exploration targets, and acceptanc e by the TSX Venture
Exchange of the stock option grant. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those anticipated in such
statements. Forward -looking statem ents reflect the beliefs, opinions and projections on the date the
statements are made and are based upon a number of assumptions and estimates that, while considered
reasonable by Graphano, are inherently subject to significant business, economic, competi tive, political
and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual
results, performance or achievements to be materially different from the results, performance or
achievements that are or may be expressed or implied by such forward-looking statements and the parties
have made assumptions and estimates based on or related to many of these factors. Such factors include,
without limitation, risks associated with possible accidents and other risks associated wi th mineral
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exploration operations, the risk that the Company will encounter unanticipated geological factors, risks
associated with the interpretation of exploration results, the possibility that the Company may not be able
to secure permitting and other governmental clearances necessary to carry out the Company's exploration
plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans,
and the risk of political uncertainties and regulatory or legal changes that might int erfere with the
Company's business and prospects. These risks, as well as others, are disclosed within the Company's filing
on SEDAR+ at www.sedarplus.ca, the Canadian Securities Administrators' national system that all market
participants use for filings and disclosure, which investors are encouraged to review prior to any
transaction involving the securities of the Company. Readers should not place undue r eliance on the
forward-looking statements and information contained in this news release concerning these items.
Graphano does not assume any obligation to update the forward -looking statements of beliefs, opinions,
projections, or other factors, should they change, except as required by applicable securities laws.